share price, page-114

Things are playing out real nice hear.

From 9/3 to 18/3 being 8 trading days.
Last week Mon to Friday and this week Mon to Wed.

All days 0.2. Completely stable.
135m shares. Accumulation
5.63% of the Capital traded.

Not massive volume in a panic environment, the volumes might be low because holders like me are set and ready constraining stock.

Also we have nearly 6% of capital in new holders hands who bought for reason, if hold farther tight it.

The Asx
Over those 8 days
5822.4 down to 4998.8
Fallen 14.15%

18/3 - 6.3%
17/3 + 5.4%
16/3 - 9.5%

13/3 + 4.1%
12/3 - 7.2%
11/3 - 3.4%
10/3 + 3%
9/3 - 7.4%

Youll notice asx up days are less %, also these days are less volume than down days.

These are false ups in a bear market because volume is lower on ups and the gains are less, not meeting prior support

Czn has completely outperformed the market on price and accumulation.

Late last week, we had sub 1m buy at 0.2, now 25m.
Volume today was 999k and it was by 2 mid points at 0.25

The holders are now in control by the depth increase on the buys and constrained vol today were buys had to mid point it or pay 0.3.

The chart is looking very good, it's a saucer skidding along very nicely. It will eventually break out, as all saucers do. When is the question.

You can certainly see czn is safe against the asx and now we have a reason for some action.

Will drilling be the trigger. Anyone can look at the chart slowly rounding up on a 10 year. No point looking at a 12 month or 3 year one as the pattern is longer term.