ZFX zinifex limited

technical analysis of recent action

  1. redbacka
    9,659 Posts.
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    05/03/08
    11:58
    Post #: 3429654
    Hi folks,

    ZFX appears to be setting up for a textbook double bottom play.

    Lows in January and February.

    High between the two lows was around the 11.00 mark.

    Broke above the 11.00 mark three days ago.

    Back to test the 11.00 mark today.

    If it bounces here - its a solid buy.

    Cheers
    Red
    ZFX Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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