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Zentek Ltd V.ZEN

Alternate Symbol(s):  ZTEK

Zentek Ltd. is a Canada-based graphene technology company. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The Company is focused on the research, development, and commercialization of graphene-based products. The Company's technology helps filter and deactivate pathogens to reduce the risk of transmission. The Company is focused on commercializing ZenGUARD, which is a hydrophilic, water attracting coating that adsorbs bacteria and virus-laden aerosols and deactivates them, increasing public safety, and reducing the risk of transmission of COVID and other pathogens. The Company is developing a graphene-based fuel additive that can reduce greenhouse gas (GHG) emissions from diesel and bio-diesel fuels. The Company’s developments include Aptamers & Rapid Detection and Graphene-Oxide Synthesis & Graphene Synthesis.


TSXV:ZEN - Post by User

Bullboard Posts
Comment by Doingmybeston Oct 16, 2013 11:50am
80 Views
Post# 21820115

RE:$2.50 + close

RE:$2.50 + closeBeen watching ZEN for a while, and am curious what gives you this confidence. From my end, I see lots of selling pressure and a rejection at 2.47 (which is near the 200 day moving average). Today looks more like a dead-cat bounce (from being oversold) that got rejected at the 200 MA compared to a lift off point. MACD has also been negative since $3.50 (the positive MACD began reversing at $5.00). All are not great short term trends. 

What is most concerning for me, is that it couldn't hold the bounce off of 2.50, and it is now below the 200 MA. 

Whether or not this becomes a great long term play won't be decided for a while, but short-term, I'm expecting lower prices...
Bullboard Posts