webman9113

Long entry in ZYNE

Long
NASDAQ:ZYNE   None
I’m not entirely happy with this play, but based on the volume and other factors on the chart, I’m going to go with it. The good: price is bouncing off the top of the cloud and is above the conversion line. The not-so-good: it pegged the conversion line, but didn’t close over it. So the conversion line may pose some resistance. Entry will be just above Friday’s high with a protective stop just below the low.

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