ZAL — Fish Hook Reversal | Strong Upside Potential
CMP: 44.5
ZAL is forming a fish hook reversal from 36 base, signaling early recovery after a sharp decline. Momentum is improving and structure is shifting bullish in the short term.
Upside targets are 52–57, followed by 62–70, and if strength continues, extended targets open toward 79–90, and potentially 96–106 zone (major Fib levels).
On the downside, 40 is immediate support, while 36 remains critical—a break below this would invalidate the setup.
Disclaimer:
This is for informational purposes only, not financial advice. Always do your own research before investing.
CMP: 44.5
ZAL is forming a fish hook reversal from 36 base, signaling early recovery after a sharp decline. Momentum is improving and structure is shifting bullish in the short term.
Upside targets are 52–57, followed by 62–70, and if strength continues, extended targets open toward 79–90, and potentially 96–106 zone (major Fib levels).
On the downside, 40 is immediate support, while 36 remains critical—a break below this would invalidate the setup.
Disclaimer:
This is for informational purposes only, not financial advice. Always do your own research before investing.
TradeFlow Advisors
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TradeFlow Advisors
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.