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2.7¢ zoono group limited

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98 Posts.

33

17/07/20

09:11

Post #: 45926397
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Originally posted by Kristian333: ↑

I don't know if it goes below $2, but it appears that the recent strong trend is broken and that the share price is now more likely to follow general market trends.

I realised some of my gains at $3.10 and today at $2.85.

Futures in the US indicating a weaker start in the US which is plausible after so many gains in the last few days.

A consolidation is reasonable and it appears to me that we are having a weaker start tomorrow on the ASX and will push ZNO below today's lows

The speculation game is on hold for a while in my view.

It will give some good entry points at some lower prices in coming days and weeks.

All my perception of the current situation.

K

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I agree.

We broke out of the ascending channel (AND 20EMA) yesterday in a big way with A LOT of volume.
We ended up resting near the previous support/resistance line at 2.58
If we drop lower today, I wouldn't be surprised if we visit 2.17

A bit disappointing but ZNO is a very volatile stock and these wild swings are just part of it i guess. I'm personally overweight on ZNO now, won't be topping up until it gets near the 2.17 which represents to me an absolute bargain that I can't not buy more of.

DYOR

ZNO Price at posting: $2.63 Sentiment: Hold Disclosure: Held
11 Upvote

1 Great analysis

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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $9.536M

Open	High	Low	Value	Volume
2.6¢	3.3¢	2.6¢	$11.96K	406.5K

Buyers (Bids)

No.	Vol.	Price($)
2	118961	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	351595	1

View Market Depth

No.	Vol.	Price($)
3	217461	0.027
3	83360	0.026
3	198000	0.025
5	440117	0.024
1	70000	0.023

Price($)	Vol.	No.
0.030	351595	1
0.032	370300	1
0.033	90909	1
0.034	103180	3
0.035	27000	1

Last trade - 16.10pm 15/07/2024 (20 minute delay)

ZNO (ASX) Chart

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