Raulf-m

$ZTO Long Term Play

Long
NYSE:ZTO   ZTO Express (Cayman) Inc.
ZTO looking nice on the weekly and Daily time frame nice flag and a nice 5 wave structure on it also, i see a some sort of low being set as it did bounce of the .5 but not holding will result going down for the .618 where then it will be a strong buy as it be a nice demand zone with lots of support, looks to be a long term play leaps are cheap nd affordable indicators also show sign of reversal looking nice!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.