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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more. -- Ignore unavailable to you. Want to Upgrade?


To: stuffbug who wrote (2305)4/12/2021 8:24:32 PM
From: Freddy S  Read Replies (1) | Respond to of 2618
 
I guess that your algorithm didn’t far well for CCB. Go smoke another joint.



To: stuffbug who wrote (2305)4/12/2021 8:44:27 PM
From: the Chief  Read Replies (1) | Respond to of 2618
 
Stock has to hit and hold 1.61 if it turns early then it will fail.
There is a trend gap 1.19-1.29 that can be backfilled if the panic selling continues.
Why could it? Well from ZEN itself

Message 33278006
"We have not yet started the 14-day repeated dose study. We will be exploring options and in discussions over the next few weeks on the best path forward."

Sooo they have an issue with INK, and suddenly stop progress on the Antibiotic?
Of Course no one is saying a word nor answering this post, but once shorts get wind of this, the presumption will be cash preservation for the "longer term" not short term.

I would say they are now expecting far more complicated, costly and longer human trials then even they were prepared for.

So the only thing I see working is $1.61 rotate on the blow off and stay 1.77-1.92 which eventually will fail unless Fluff NRs are piled high, otherwise, shorts will take this to $1.19-1.29



To: stuffbug who wrote (2305)4/12/2021 10:06:49 PM
From: Rocket Red  Read Replies (1) | Respond to of 2618
 
gap area around 1.67 if that fails support at 1.00 after that its back to 40 cents

in the end zen is headed right back to where it came from or full circle year low 26 cents