KZL 0.00% 12.0¢ kagara ltd

It should be more like a "retaliative rebounce" After certain...

  1. 3,646 Posts.
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    It should be more like a "retaliative rebounce" After certain stock suffer huge dumping, the institutional holder will always buy up SP to restrict further dumping. Obviously 10.5c is also a good entry value for retail SHs.

    Whatever now Zinc price plays key role on KZL SP, Zinc price remains dirty cheap for long time (1 ounce gold + $300= 1t pure Zinc, or 150g gold= 4 tonne of Zinc! interesting), Zinc price increases a little in last week to $2020/t.

    I believe 13.5c becomes next key resistance as it's the main support.
 
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