ZRL 0.00% 3.7¢ zambezi resources limited

so what's everyones forecast for next week??, page-11

  1. 46,202 Posts.
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    Thanks Vendor. I agree with you that the upward trend in terms of Macd and Fractal indicators is not yet broken. As you say there has been a retrace and like you even though I havent yet bought I hope it holds above 3c as my reli has a heap of stock. Further if it holds I will also buy.

    There are however some bearish signals such as the 14-day RSI has fallen below 70 being a bearish sign. Other momentum indicators also show this. So for me the proof will be in the pudding. I can afford to wait a bit to check whether we have a consolidation type support base that holds around the 3c mark.

    cheers
 
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