ZION Approaching Support, Potential Bounce!

6 בדצמ׳ 2018

ZION is approaching our first support at 45.03 (horizontal swing low support, 61.8%, 100% fiboancci extension) where a strong bounce might occur pushing price up to our first resistance at 48.19 (23.6%, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce above this level.