ZFX zinifex limited

Gann on 25 Feb: "My position is that ZFX should remain under...

  1. 252 Posts.
    Gann on 25 Feb: "My position is that ZFX should remain under pressure until about the 1st of March.

    If it can hold $15 by then its likely to start moving up again, if it can not hold it then it will continue down."


    That's a bit of a throwaway prediction. Given the surge in Zn prices on Friday there is virtually no chance it will drop Monday and will need to plummet ~15% in the remaining 2 trading days to March. So has the zinc bear Gann has all but conceded it will start moving up again.
 
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