Week 09: ZSK2021 Price is consolidating
This week 09, we will be using ZSK21 as a chart reference.
There are few things that I would like to share:
(1) This morning the price was continuing the rally and created a gap upon opening. Price gap normally is closed within a day or two; so for a speculator, you can use this opportunity to short it.
However, please be aware that the overall trend is still bullish, if you are shorting, be mindful that you have to act fast.
(2) Overall the price still has no direction and it will be ranging from $1,405 to $1,427
(3) I will be interested to sell if the price penetrated $1,384
I will update again in mid-week if there is a sudden change on the outlook.
There are few things that I would like to share:
(1) This morning the price was continuing the rally and created a gap upon opening. Price gap normally is closed within a day or two; so for a speculator, you can use this opportunity to short it.
However, please be aware that the overall trend is still bullish, if you are shorting, be mindful that you have to act fast.
(2) Overall the price still has no direction and it will be ranging from $1,405 to $1,427
(3) I will be interested to sell if the price penetrated $1,384
I will update again in mid-week if there is a sudden change on the outlook.
Comment:
Gap is closed.
