ZNO 1.64% 6.0¢ zoono group limited

Will need a 59.5c close to stay in primary uptrend now ... not...

  1. 24,192 Posts.
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    Will need a 59.5c close to stay in primary uptrend now ... not impossible from 52.5c currently but looking highly unlikely with with approx 7 mins of trading to go till close.

    I suspect some folks locked in profit on bounce rally yesterday late and early today and that the Iran/US situation change occurred at an unfortunate time this morning. . Seems to be some decent support at 50-52c level which looks likely to be challenged again soon maybe tomorrow morning with on queue sellers outnumber buyers currently. If 50c level broken then expect support (looking left on chart) again at 44-45c,

    Of course if Trump ups the ante overnight then who knows !
    Last edited by Freehold: 08/01/20
 
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1 17250 5.8¢
 

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Price($) Vol. No.
6.5¢ 18700 3
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Last trade - 15.47pm 19/04/2024 (20 minute delay) ?
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