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S&P 500
5,893.62
(
0.39%
)
US TECH 100
19,990.00
(
0.64%
)
Dow Jones
43,389.60
(
-0.13%
)
Brent Oil
72.94
(
3.15%
)
Bitcoin
90,710.19
(
0.94%
)
Post# of 52074
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smeatz

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smeatz

Re: None

Tuesday, 11/03/2009 3:02:27 PM

Tuesday, November 03, 2009 3:02:27 PM

Post# of 52074
Technical Analysis Update: The stock opened lower than yesterday's "low", has traded higher than yesterday's "high"...and if (as it would appear to be on target to do) it closes higher than yesreday's "high", then gentlemen, we have ourselves the FINAL CONFIRMATION of the BEGINNING of the first MAJOR (and only genuine) UPTREND in MZEI's 'checkered career' since the year 2000.

Where will it go from here?

Actually, it may head "south" or at best, "sideways" for a bit as it consolidates at these new levels. I'd feel comfortable if range traded for several weeks between .14 and .19...with the next break out above .19 to see .28 / .32.
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