CZOO- I see a bright future: -Uptrend structure confirmed. -Backtest and swing on consolidation range with low vol. -Quasimodo pattern. -Key level supports. -Demand volume support.
CZOO- Beautiful Setup -Quasimodo pattern. -Inversed HnS pattern. -Key level support. -Vol confirmed. . Everyone can follow, Join my FB, X channels US STOCKS- WALL STREET DREAM for more free plans.
CZOO shown on a reliable daily chart had an earnings report beating the estimates back in November whereprice action trended up then down in January followed by sideway action then finally a break out through VWAP band lines and the entirety of the high volume area of the profile. Ahead above is a volume void where price moved quickly coming down.. On the...
If you look at the volume chart, it is getting some volume. Given the price range and the upside potential, I've decided to gather some shares. The candle is not an Alpha candle yet, but the volume is. So grabbed some shares. Who knows..
I believe based on trendlines & multiple inverse fibonacci sequences at play, along with stoch rsi & mac d indicators, that CZOO has bottomed out. I would expect to see a great turnaround in the next several weeks, barring the possibility that it doesn't trade sideways for longer. *Opinions are my own. Not trading advice.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...