ZFX zinifex limited

cheap now time to buy, page-62

  1. 6,516 Posts.
    Hi trader 10 yes i understand what your saying. With what im trying to say is a trader will buy in of the bottom support line to minimise there losses if it were to fail . If the support breaches they obviously get stomped out . We know were the sp went after the event but not knowing at the time the sp could possibly have headed right down to the long term support. Now in the current situation a break above the old support now resistence has been achieved so the traders have to take there positions again does that make sense? cheers russell
 
watchlist Created with Sketch. Add ZFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.