IBG 0.00% 0.3¢ ironbark zinc ltd

POZ Bounce, page-6

  1. 561 Posts.
    lightbulb Created with Sketch. 10
    I'll be a bit more constructive on the POZ here.

    The midpoint trade in NY is 10466; which is ~ 2307 in LME terms. Down .053% on the day.

    My recent call of trend continuation - using the weekly chart - is looking a bit shaky with that data. Looking at the chart, this week's price action look a bit more like a slow roll-over, as opposed to powering on. If its not rolling over, it is certainly doing some sideways consolidation trading - hence my choppy statement previously. At present, lower than last week's close of 2348, higher than last week's open of 2234.

    I'll chuck the chart up here, when the weekly prints are done, we can rip it to bits over the weekend. If you feel so inclined

    Go well
    Last edited by guppity: 09/09/16
 
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