the writings on the wall
the stockpiles just keep on falling at the same rapid rate
interesting to see how the price will behave to rectify all these large drawdowns daily - demand/supply says that price needs to go further to curtail the largish daily drawdowns
price has gone down , but for how much longer
wouldnt surprise me if the 'traders' come back to this stock 2morrow (if zinc price holds tonight, or doesnt drop too much) and run it back up the trading range to 5.00 resistance
traders all think alike and love to make a quick buck off this stock
if there are further sell-downs in metals, itll be a great buying opportunity because with these large drawdowns daily, zinc price IMO has much further to go !
stock has gr8 exposure to everything: zinc/lead/silver/gold and soon copper
im looking for price to appreciate immensly along with zinc price in next couple of months
thus ill accumulate on the downswings in the trading range with $5.00 resistance
just my opinion of course
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