ZFX zinifex limited

when, page-8

  1. 2,842 Posts.
    shonky,

    I'm TA mainly and doing some fib numbers I came up with two numbers which represent 50% retracement levels.

    They are $12.54 & $13.94, so I'm adding two together dividing by 2 and then adding a bit just to make sure, and I'm agreeing with yr numbers.

    Unforntuately no spare cash to buy any more ZFX :(, so will just have to be happy with my holdings at moment.

    jharmann (a poster to this thread) has been very close to predictions with his views on stockpiles, and thus the prices to sell and buy ZFX. The rate of drawdown has slowed considerably over the past 3-4 days, this might bring down spot price of Zn down a bit more which then should give the opportunity to buy at $13.50 or theresabout.

    Good luck!
    Cheers
    John
 
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