OTCPK:CNZCF - Post by User
Post by
Infirstmoneyon Dec 13, 2016 1:17pm
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Post# 25592841
Support around 86 cents to 90 cents
Support around 86 cents to 90 centsStock has fallen below any levels of support. Now, a lot of stock was traded around 86 to 90 cents, and it did hang around 79 to 92 cents for a short period. With all the positive news that the company has come out with, you would not think that we could test those levels, but it may need to base for a while, before it can resume its upward trend. Of course positive news releases regarding new uses, and and new contract wins come out in the meantime....but longer term, everything is shaping up nicely. To think that it would only have up trading days was not going to happen, and sure this correction is maybe overdone, but if you plan to hold, dips in the shares, while painful to look at, really are just a bump in the road. And those running the company, can't worry about short term price changes, they just have to keep expanding the product uses and sales.