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Zone Resources Inc. V.ZNR



TSXV:ZNR - Post by User

Post by Ducimuson May 05, 2011 6:49am
551 Views
Post# 18532918

Ducimus adds ZNR.V to his watchlist

Ducimus adds ZNR.V to his watchlistHaving examined the chart of each of the stocks returned on tonight's market scan, this stock attracts my attention by displaying characteristics signalling a potential entry into Stage II. I therefore added it to my watchlist.

The market scan uses a "Stockcharts" scan syntax I personally developed, in order to identify stocks likely to display the characteristics of stocks entering Stage II, as described by Stan Weinstein. The principal scan criteria are basically set to identify stocks whose price is above their 150-day Moving Average and whose usual daily volume is at least 50,000 and exceed by a margin of 3:1 the usual volume evels displayed in the last 2 months.

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