Panjang
Another Zoes bottom in September?
Zoes Kitchen has temporarily bottomed in September and made a nice run through October in 2014 and 2015. After getting decimated from earnings a couple of weeks ago, I believe it is gearing up for a three-peat.
We're just under that nice 26 support area with 24 also in focus. The daily RSI is currently at an extreme (under 20), so I see limited downside from here (currently 25.55).
If we can convincingly break over 27 (minor support over the last 2 weeks that finally broke and will most likely become resistance) we should have a nice run to 30 (a nice psychological level that provided previous support/resistance).
We're just under that nice 26 support area with 24 also in focus. The daily RSI is currently at an extreme (under 20), so I see limited downside from here (currently 25.55).
If we can convincingly break over 27 (minor support over the last 2 weeks that finally broke and will most likely become resistance) we should have a nice run to 30 (a nice psychological level that provided previous support/resistance).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.