ZFX zinifex limited

"It took 6 trading days to fall from 19 to 16then 11 to fall...

  1. Ultimate_Worrier
    252 Posts.
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    25/02/07
    18:22
    Post #: 2225524
    "It took 6 trading days to fall from 19 to 16
    then 11 to fall from 18.30 - 15.22".

    Yes but they were on the back of rapid 15 - 20% plunges in LME zinc prices.

    ZFX could fall to $15 within your timeframe only if there is a 15% fall in the zinc price next week. Anything is possible but given recent bullish momentum in Cu/Zn prices that is unlikely.
    ZFX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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