Declaring a triple/double bottom etc. over a short period is a common mistake made by the millions of so called tech analysts. What Dan has claimed, ocurred in a space of less than 1 month and should not be considered a triple bottom because of the short timeframe. A short timeframe in the market doesn't warrant any creditable prediction whether it be tech analysis or from a fundamental perspective.
In the same period that Dan has used to determine a triple bottom for KZL, the XAO has actually moved upwards significantly while KZL has tracked sideways. So if any conclusion can be made from that period, it's that a lack of positive sentiment surrounded KZL(or it's sector)in comparison to the rest of the market, and therefore, predicting a substatial rise of about 75-80% to $1.48 from there is unfounded and incorrect BASED ON THE ACTIVITY AND THE TIMEFRAME USED to predict the rise.
KZL Price at posting:
87.0¢ Sentiment: None Disclosure: Held