What's the deal with ZRX?
People have asked me what my thoughts are now that ZRX has tested the $1.74 resistance and has pulled back to the current $1.56 price. Well, I think it's still clear for lift off. I use different approaches to time my trades and all my analysis indicate that we are heading up. I have broken it down to 4 windows. 1) Fibonacci Extension 2) Trading Channel 3) Visible Supports and Resistance Levels and 4) Over lapping VPRF values. My golden ratio target is $2.29 but it has to overcome the POC between $1.56-$1.60
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