Unlike you Gann I don't have a crystal ball and cannot foresee some things like a hedge fund that ran into trouble nor a blast at Port Pirie nor do I pretend to. But regardless Gann I continue to buy and 16.40 was a key support level that when broken just allowed me to buy more shares for a cheaper price and if you read my chart properly you would have noted that the next level of support was $15.30...which held and forced a higher close of $15.61...I have averaged down to a 3% loss, which will go up to +3% very easily because I have bought more for the lower price...
When zinc starts to turn I reckon you will be in a lot of pain...
Here it is chart again for you....I encourage you to 'read' it this time...it will probably retake 16.40 tomorrow...
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zinifex limited
dont miss the bullish signals, page-11
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