Zion Oil & Gas Inc (ZNOG)

[Moses1492]

My take on today's action. We started today with a major early gap up over yesterday's close @50 cents - and this 54-64+ cent price was sustained all morning. Controlling funds short sold 3 million plus shares above 54 cents (but this is good). Price later came down to fill the gap left at 51 cents which was reached and even tested below 50 cents for strength support (even I bought more at 48 cents :) Now we have solid newly established BASE support at 50 cents+ and we should climb from here on out w/news of rig arrival and soon drilling operations. Today has been an excellent day for Zion as it shows that the Fund boys (see bear I didn't call them MMs just for you), still have a LOT of interest in ZNOG. I also think even they like OTC better! ZNOG at $1.00+ is still well within reach - even $2. Happy trading friends and have a plan.