ZFX zinifex limited

big day, page-10

  1. 1,862 Posts.

    Early stages of trend reversal now evident. 11.13 exceeds previous high of 11.02

    Here's why I think the chart doesn't qualify as a double top.

    1. First peak's volume was lower. Only $6 mill. Today $15
    2. First peak itself was lower. In theory should be higher.
    3. Implied downside target off a double top is riduculous, given how many billions ZFX has in the bank. This stock isn't Allco Finance or Centro :)





 
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