Chart, page-59

Here's an update on my chart posted sometime earlier this month. Price broke the triangle and then retraced to the breakout line. Had 3 or 4 days of upward motion and then the past two days have seen much higher volumes and a massive spike rise. my slightly ridiculous stacking of triangles has 37 or 38 as a target of 2 times the original triangle, and its a target @Tarvold has mentioned before. However, if volumes continue to be large this week I can see prior highs being attained. IF the story about the product assisting with chicken and pig farms has been spread over the weekend, I can see serious FOMO coming into play here. I would question the rise to those prices without something to back it up such as big contracts, so will quite happily admit I will take some profit at some stage. However, its also possible a big announcement could drop too, and then we are in blue sky territory.

However, I remember something a company exec once told me - you never go broke taking a profit in the spec end of the market. I think ZNO is moving away from spec end, but some hard and fast numbers are required to justify a big SP increase. Either way , it is a fascinating story, and like a good novel, can't wait for the next chapter !