got burned twice by ZIL in the past 24 hours. Looking at a 30 minute charts, the 976 level of support has been breached. given the steep decline so far, it's a good assumption this will test the 946 range. Would love to see a solid bounce above the 976 and retest the descending triangle. RSI and KDJ both indicate oversold. Expecting a bounce at 946, which would make this even more oversold. After 946 will be a 906 support.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.