High probability long setup CZZ
Bull case:
Immediate resistance at DTL around 9.70-9.80 after which it will be a definite trend change.
Can buy at current prices with stop just under 9.30.
- Reversed right at horizontal long term support.
200dma bounce.
Above avg volume on the bounce showing buyers are finding current price attractive.
Printing higher low on the current bounce.
Immediate resistance at DTL around 9.70-9.80 after which it will be a definite trend change.
Can buy at current prices with stop just under 9.30.
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