Z Long Setup

٢٠ يوليو ٢٠٢٠

IH&S on the daily with a neckline break that could send Z to ATHs. Historically, Z has been held down from a level of incredibly strong resistance. DMA's have caught up and new accumulation creating a new base of support as well as reversal in the indicators could push Z up. Next strong level of confluency is at 80, which I hold as my next PT for Z on a break of its resistance.