Zion Oil & Gas Inc (ZNOG)

[WiseYoda]

"She may pull back temporarily but we are definitely witnessing a "measured" and "tempered" methodical MM walk up."

Pullback/dips always occur on any stock as it finds its support whether it gaps up, or down in which Zion's current pattern has been extremely predictable. I also agree with Mr. Bournes analysis from yesterday in regards to the markets indecisiveness here. When a pending update, which could possibly cause a 5-10 bagger to occur can indeed cause such an environment. Yodas take? If longs continue to hold, (and to those catching green snapper here, hgmmmm), and the big PR comes out with a tightly held float like Zion nothing BUT air would be on level 2, clear runway, causing a spike northward past the 52 week high, in which I believe we would then begin consecutively breaking our 52 week highs as the pps would grow.

Happy Trading Day....Yoda certainly is having a good one....hgmmmmm!

$ZN