Okay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did...
If support stay strong and the market may leave the channel, I see ZIL can go up first to its next resistance zone.
If it will break the support, it may stay in the downtrend channel and could aim for the next support zone or even go lower.
No financial advice.
Corrections are welcome.
Have a nice day!
