Re: Antlizzie? Rennie?
in response to
by
posted on
Jul 20, 2016 03:38PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
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.