RE: RE: RE: FWIW Flop,
Why are you using technical analysis?
Canadian Zinc will be driven by news and events, not technical analysis.
eg. upcoming news and events:
Draft Permit - within 3 weeks.
Remainder of PC road - within the next few weeks.
Paragon Drilling - within the next 2 weeks.
PDAC - in 2 weeks.
Upgrade of existing resource - between draft and final.
Vat Gold - this will not be sold in the near future.
Financing - there will not be a PP.
Financial Statements Q4 - within 3 weeks.
Etc., etc.
There was not a single piece of bad news directly related to CZN to recently bring the price down. Understanding this - is important.
The tree has been shaken as the "weak hands" have sold from the last rally.
There is a lot of good news and events coming soon.
The share price is heading up.