Z-Obee: Still on Down Trend

Currently Z-Obee is still trading on the down trend and no sign of the when this down trend sliding can stop.   In order for Z-Obee to get out of this down trend, the stock has to break above the down trend resistance (green line) and stay above this line. If you think Z-Obee is good time to enter now, think twice and the stock may go even lower! Next immediate support is at $0.229.

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