ZIL has some considerable levels of immediate resistance (312, 347 and 391) ahead. Since establishing the levels 312-347, price has been rejected twice at these levels, pushing the price back into the current zone of 239-312.
It's expected to build some kind of accumulation between 239-257 zone and that will give a great momentum to test the levels 312-347 again, finally break it. In this scenario, price can make a massive move upward to 549 at least.
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It's expected to build some kind of accumulation between 239-257 zone and that will give a great momentum to test the levels 312-347 again, finally break it. In this scenario, price can make a massive move upward to 549 at least.
If you like this idea, give us a a like or feel free to share your idea/comments.