Expecting ZRX to retrace back downt to the 61.8% level, then continuation upward? Will need to continue to monitor the various indicators, especially my momentum/acceleration/jerk {MAJ} oscillators.
Analysis performed using some of the indicators and signaling algorithms I have developed.
Analysis performed using some of the indicators and signaling algorithms I have developed.
- Cyber Ensemble (Bullish/Bearish Signaling script)
- PRISM (PSAR-derived Oscillator and its RSI/Stochs + Momentum/Acceleration/Jerk oscillators)
- FUSIONGAPS {50/15-series} (Local Bull/Bear-market phase indicator)
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PRISM-RSI/Stochs, Momentum and especially acceleration/jerk oscillators looking extremely bullish atm though, and there is no clear sign of a retracement just yet.
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ZRX showing more strength than expected. Spotted bullish "W" pattern formed awhile ago, and its now continuing to go higher. Already pierced the resistance level.