J2 GLOBAL Strategy Daily

Hey traders, J2 GLOBAL is at an important moment in its history we can witness a new historical high. It is in a bullish momentum with a kind of hammer candle and an explosion on the traded buy volume. The TIMEFRAME M1 shows a form of marubozu accompanied by a selling shadow with a low return of executed sales volume it has come to bounce off the top of the equilibrium zone.
For its trend reversal on the last point which is located on the base of the bollinger and then finally stay at the top of the zone. Great potential to breakout the price with the momentum at the same time the zone to join the one above and make a new historical high. It is very plausible to test the top of the bullish channel after the breakout of the zone, by following the ELLIOTT waves in this most interesting phase of this pattern on this wave 3.
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