I saw that report. some good points but they didnt mention the potential updates due for kzl in march which perhaps explain the huge interest this week.
they confirm the support at 80c. I recall the day it fell to 81c. it was the bots that brought in and stopped the capitulation selling.
watching dow and asia carefully. last year kzl had some good announcements at 67c mark which fell on deaf ears because dow was down badly at the time
no easy strategy here. holding a core parcel and a trading parcel
will try and hold both thr march but if dow tanks - which appears likely then will sell and then rebuy one or both
have a buffer from 81c but nerveracking market
all the best for kzl holders in march.
just hope we get regular updates. the buyers are out there and just need a sideways dow for 3 or 4 weeks.
still need to break resistance at 93c. kzl can and will fall back if dow tanks. hopefully 81c will hold but depends on dow.
KZL Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
