It was a lovely cup and handle, but it looks as if the handle cracked and broke. It happens :( (That's why stop loss triggers are important.)
However, I'm still holding for now. If the market is up tomorrow and KZL goes backwards then I'll probably get rid of one parcel but am keeping another parcel for the short to medium term gain that I expect will happen sooner rather than later.
On the other hand if KZL takes off again then I'll stay in with both parcels and enjoy the ride. At least metal prices are up again tonight.
Support around 95c - $1 and resistance around $1.25 then $1.45 then $2.20.
KZL Price at posting:
$1.04 Sentiment: LT Buy Disclosure: Held
