always a good buy in the low $4s as has been proven in the past trading range all the way to the mid $4 mark
question is: when is ot going to get out of this trading range???
realistically trading range was $4.20 + or - a few all the way to $4.40s.
Key resistence (from 4.40s up till) 4.68-71
When price of zinc gathers momentum after this consolidation we should gather momentum again and test $5 again
In the meantime , traders (CFD traders) are having a field day with this one
lets hope we go back into the 4.20s again and trade between the 20s and 40s
Lead up 6%+; zinc holding steady at $1.50
I think IMO that under the 4.20s give or take a few cents, its oversold!
decent entry point 4 trade or medium/long term hold
always a good buy in the low $4s as has been proven in the past...
Add to My Watchlist
What is My Watchlist?