$ZRO is up 20% today and I am passing. 1h RSI at 71 tells me the move is stretched
Volume is heavy at 1.3x average but price is sitting near the top of the range at 1.8350
I need an hourly close and hold above 1.8850 before I care
Or I want a pullback that holds 1.5120 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $ZRO here or waiting for 1.5120
#ZRO #RiskManagement
Volume is heavy at 1.3x average but price is sitting near the top of the range at 1.8350
I need an hourly close and hold above 1.8850 before I care
Or I want a pullback that holds 1.5120 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $ZRO here or waiting for 1.5120
#ZRO #RiskManagement