Technical analysis by Countermeasure1 about Symbol ZRX on 5/28/2025

I use 3 Primary indicators to determine trade entries and exits1) Pivot points - 1yr (Thinnest), 2yr (Medium), and 3yr (Thick Lines) are plotted with pivot in yellow, Resistance bands in Red / Pink hues, Support in Blue. 2) Fibonnaci Bollinger Bands - Midline in purple, 25% and 75% in yellow are buy and sell zones3) Linear Regression - Linear regression dictates price action outside of major fundamental events.For trades, I nearly always enter buys below the Bollinger midline and more typically like to buy in the bottom 25% of the Bollinger Band. I look for the linear regression channel to be intersecting price action, and usually target a pivot point for exits.For ZRX Daily chart, we see the Red/Yellow LR channel has pierced the bottom 25% of the Bollinger Band, indicated by the thin yellow Bollinger Band. This is typically a reliable, low-risk entry. Once this occurs, I look for price action to travel through the linear-regression trend line as this indicates to me that sellers are exhausted and there is a solidly established price floor strong enough to push through the linear-regression line.For ZRX, you can see that this has occurred several times in previous years, with a subsequent rise in price of 2-3 times the original buy zone.For this trade, I am going long at .26 with a target just below the 3-year pivot of .65, which is solidly in the middle of that 2-3x range. I typically trigger out just below major pivots to get the best chance of trade execution while locking in solid gains. Stop loss set at .20, which is the recent low.