sapientrade

ZLC. Bucking the earnings trend. Long

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NYSE:ZLC   None
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Invisible reversal. Consider premarket trading to depict complete reversal trading model. Earnings stellar compared to peers in retail. Technical move to the upside satisfied with steady OBV, stochastic reversal and healthy RSI numbers. Reasonable expectation of price retracement to the upside. Pivot at 17.No reason to attempt technical upside target other than NEW HIGHS. Fundamentals and earnings performance witll have and impact on stock price as much as technicals, This is in my Long term hold portfolio Good Luck
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