By Zak MIr | Tuesday 7 July 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
If there is a theme in the technical analysis this week it is just to show that the name of the game here is not always related to momentum buying, but that on occasion there are very useful looking opportunities to bottom fish. This is something which can be gleaned from the present daily chart set up for Zoo Digital (ZOO).
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