Thursday, August 6, 2015

Zinc Falling Wedge - 6 Aug 15

Zinc Falling Wedge - 6 Aug 15

Falling wedge is observed in zinc 60 mins chart. Lower trend line support is at 118.70 for current hour and breakout seems to be above 121.
Considering the oversold hour technical and positive div, the breakout above 121 could be highly bullish.

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