JZ had seen a very eruptive stock emission... followed by an extreme sell off. Now the stock is heavily oversold. Any pullback above the ma leads to a test af the targetline...or much more..
$JZ Is clearly forming a BULLISH falling wedge .. All the conditions of falling wedge pattern have been met (Bullish divergence + declining volume etc..) Target of this Wedge $8.36
$JZ (only 5M float) looks ready for a huge upward move like other listed IPOs did recently ($GCT, $TOP, $HKD, $MEGL, $ILAG, $MOB, $STBX and more...) Momentum indicators shows a Bullish Divergence.. also reversal rounding bottom formation in progress + VOLUME really good. I expect a huge bullish move after 90% sump since listed.