Things aren't looking good for the banks, and ZION (Zion's Bank) missed on its recent earnings expectations. It's now nearing the top of an ascending wedge, and as many traders know, this can be a really bad sign for any stock, and could be indicating a coming trend reversal.
Watch the levels on the chart with the dashed white trend lines to help predict future...
Zion Oil & Gas is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
As we see the chart, Zion Oil & Gas is ready to explode.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
This penny stock we've had april 1st and looking at a juicy 43% Gain!!!! 🥳🥳🥳🥳
Now we have called over 500% in gains this year with cryptocurrency and stocks in just the last couple of months!
I can't make this stuff up! It is all time stamped on my feed. 💰
So why did we take profit on this one today?
I took a more aggressive approach as the 3day is starting to...
Post #3 on Zion Oil & Gas for the month.
19 cents was entry.
We got a potential double bottom as we shifted to the side after breakout.
Really would love to see it spike to 41 cents and test both downward and horizontal Resistance.
Zion oil and gas.
Penny stock.
I reviewed this one on april 1st.
Said it was a good buy around 19 cents and is currently up to 25 cents!
Looks as we setup the double bottom on the breakout retest.
I see lots of green, I hope she can get that fuel to run it up.
Best of luck to those that were watching this one with me.
Get that money!
If you saw my recent post on oil, than you know I'm some what bullish on oil for a potential bottom. This one broke out and now looks like its creating a double bottom off support. I like this ones setup.
ZION is approaching our first support at 45.03 (horizontal swing low support, 61.8%, 100% fiboancci extension) where a strong bounce might occur pushing price up to our first resistance at 48.19 (23.6%, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce above this level.
