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4.8¢ consolidated zinc limited

Chart Discussion Thread, page-3

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rarebird1971

524 Posts.

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05/10/18

12:11

Post #: 36010965
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Originally posted by W3hunter ↑

Hi PD good to see you here and thanks for asking...great looking chart both long and short term with the fundamentals to match the old "perfect storm" scenario is happening.
As with any strong trend we'll see resistance becoming new support in the future and that's been happening here also..recently price has dipped below the trend line during this last retrace but appears to still be following its form up..at worst we may see a short sideways move until the SPP is resolved...when we can close above .026c (the 62% Fib of this current retrace) providing we dont make a new low in between now and then. a close above 026c and we should see new highs above .029c. View attachment 1324401

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Cheers W3h
I’m not a chart investor either but love your analysis. Funny how your chart tells you the same thing that my FA research tells me. That for me is a great sign.
GLTAH
CHEERS
Rb
10 more days til SPP closes then some real activity!!!!

CZL Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
10 Upvote

1 Great analysis

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