$ZGN an IPO coming up on the right side of its base!

Notes:
* Coming up on the right side of its IPO base
* Has been using its 50 day line as a dynamic level of support
* Recently broke above an important resistance level around 11.22 with higher than average volume
* Has been increasing steadily in price and volume
* Printed a pocket pivot with squatting price action (not ideal)

Technicals:
Sector: Consumer Cyclical - Apparel Manufacturing
Relative Strength vs. Sector: 1.04
Relative Strength vs. SP500: 2.37
U/D Ratio: 3.51
Base Depth: 39.96%
Distance from breakout buy point: -9.73%
Volume 117.75% above its 15 day avg.

Trade Idea:
* I particularly don't like the squatting price action at the moment so I personally wouldn't enter now.
* If the price holds above 11.22 and stops squatting I may consider entering
* If you want to enter now you can as the price is just above the broken resistance level of 11.22
* If you're looking for a better entry you may just want to wait and see how the price behaves around this level

* I'll post about this again if it makes better progress.