Long

ZRX - Respecting the Fib Levels

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Here we can see a very nice looking chart - the potential opportunity to buy the 23.6 fib level coming in at ~ $0.60. (limit order buy)

The major structure is outlined in yellow. Notice the 9 count that came in TWICE at that 23.6 fib level (TD Indicator) - a solid confirmation that the fib is still valid.

This level will likely see some initial support respect, representing a great entry point, where SL has plenty of downside room, and upside is looking juicy.

Best of luck, hit the thumbs up.

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