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dorfmanmaster

ZYNE going up after correction (BULL)

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dorfmanmaster  
NASDAQ:ZYNE   None
Trend Analysis Chart Patterns Technical Indicators ZYNE zynerba correction Bullish Patterns Engulfing Candle CBD PHARMA
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trendanalysis chartpattern indicator zyne zynerba correction bullish engulfingcandle cbd pharma
Zynerba crashed into resistance at at $16.50 on May 17th 2019, and went into correction territory.

The engulfing candlestick today May 29th, 2019 is a very bullish sign ZYNE could go up to at least the $16.50 line.

Technicals are not great, however I expect them to start confirming the bullish trend soon.

Recommended trade:
Long: $13.15 (20SMA)
Sell-target: $16.40
Stop-loss: $11.5
Penafian

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