Zion Oil & Gas Inc (ZNOG)

[Imperial Whazoo]

Yeah, but this being the third instance in the recent days, notice that the price level is about 10 cents higher each time. Some entity or entities causing this. Does not seem natural. Don't have any argument explaining it but it is not the norm in candlestick charts for the price to hold at a flat line for time durations such as we are seeing. I'll sure make mental notes. I've been into candlestick since Steve Nison's 1991 book and I have never seen this happen before. Only in low volume stocks is there this behavior, in my experience, and this stock is not a low volume stock. My guess is that it is proly caused by the strong belief in the market that the next thing we are all going to experience is historically fabulous news. The outcome is proly gonna be either a huge upside move if the news is fabulous or a monumental collapse if the news disappoints.

IW