Zion Oil & Gas Inc (ZNOG): I scaled down at price levels at the 3.8...

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Re: WiseYoda post# 3548

Monday, 07/31/2017 11:13:40 AM

Monday, July 31, 2017 11:13:40 AM

I scaled down at price levels at the 3.86, 3.85, and 3.77. I definitely saw the gap down as a good area for an entry. (3.75-3.80 area as strong support, as you said prior)

Going into the next update the stock will most likely rise slowly on the 20 EMA support on the daily. If there's anything related to oil we find... it's gonna be good.

It all comes down to patience now.

"Believe only half of what you see and nothing that you hear."

-- Edgar Allan Poe

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