RZI has been strong lately and is now facing resistance at $1.130 zone. It has formed consecutive Higher Highs and any pull back towards Support at $0.890 - $0.900 range should be a good Buying Opportunity in my opinion.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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تعليق
RZI looks good but now it has reached Resistance. I will be a buyer of RZI when it retraces lower to the green Support Circled Zone of $0.90 - $1.00 range.
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تعليق
RZI seems extremely Overbought as we can see the RSI indicating it. Will have to be patient for it to retrace towards Trendline Support before considering to buy.
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