ZGL
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2.94% 6.6¢ zicom group limited

sleeping giant awakening, page-19

  1. Mosteph
    310 Posts.
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    03/01/14
    19:47
    Post #: 12765568
    3500, it's also technically overbought (RSI @ 80), doesn't have huge volume confirming the breakout (the OBV is below March's high) and it's yet to form a confirmed trend. Technically it's uncertain.

    Amusingly, in Feb 12 it hit resistance at 30.5c and fell to 21c the following day. Not to suggest the same will happen here, of course.
    ZGL Price at posting: 30.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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