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Message: Re: Antlizzie? Rennie?
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Jul 19, 2016 04:28PM
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Jul 20, 2016 01:35PM
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Jul 20, 2016 03:20PM

Agreed and congrats to PRB.V ( I made some money on Probe but didn´t play it very well).

From a pure technical (chart) perspective, I think ZEN is at an interesting point in time to say the least.

We are bouncing slightly (not confirmed) off the '11 '12 runup levels; but - and that´s a big but we still haven´t reverted the downtrend (no higher highs /higher lows). I think we could see a testing of 0.50 levels before the trend changes - but don´t expect much more downside (as this would be a very bad sign).

For the trend to turn we need to see some 10-20x trading volume days which can still be months ahead (if it comes at all).

~~~

Fundamentally there is not much positive information out, the company has been quiet for too long (imho) and I don´t see many potential catalysts on the horizon.

I hope that bulls prevail in the current cyclical uptrend the resource sector is seeing.

Let´s hope the best.

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Jul 20, 2016 06:52PM
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