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PinkDiamonds

3,390 Posts.

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07/10/18

01:14

Post #: 36025313
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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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Originally posted by valvesound ↑

Hi guys here is a different look at the chart, i like where this company is heading so thought i would start contributing, feel free to tag me in the future if you want a chart update.

CZL Has found support now at 2.1, with a couple of tests this week. Holding strong. Expect we may see a push higher this week as we all know that the SPP application's close next next Monday. If the company wants to get the funds raised over the line, they will need the share price well north of 2.4 cents on some decent supporting volume to get as many participants as possible, otherwise folk can just buy on market for the same price.

Expect to see a break of 2.5 next week and a test of 2.9. Should see some news flow next week to give the share price a push higher IMO

View attachment 1325465

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I really appreciate both of your responses and the time you've taken to put up some detailed chart related posts.

It's going to be an exciting 6 - 12 months for CZL seeing where the Zinc prices will be in 12 months time and what discussions will be had in the EV/Batteries space regarding Zinc.

I'm finding it a bit hard to type at the moment due to Fibromyalgia so will keep this short and sweet. Love your work and great to have you both on board.

glta

CZL Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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Chart Discussion Thread, page-5

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