I decided to create a new post, NOT that we need one!. I think it's important to keep as much information together as possible. If we divide into too many groups, it makes it difficult to view the info.
The only reason I created this was to have a reference to what I'm about to say. I'm going out on a very thin limb and "predicting" where "I believe" Zenith will trade based on the market movements of Amanti. THERE IS PROBABLY A 1% CHANCE I'M RIGHT!, but I feel 51% positive about it.
Zenith has found it's support level. A major majority of the money that moved into Zenith has moved out. Over the next couple of days Zenith will trade in a narrow range, most likely on the downside, possibly touching $15. Beginning around Tuesday 14th, Zenith will move higher, to approx. $21. It will hold this pattern through the week. There will be another small sell-off possibly on Friday 17th, most likely Monday or Tuesday the 20th-21st. This will be followed by a strong surge in the stock price on May 22nd-23rd to approx. $28. This strong surge will put the money back into Zenith. It will hold this pattern for a few days with some potential sell-off.
Is my foot in my mouth now or what? |