Replies to post #15365 on Zion Oil & Gas Inc (ZNOG)

[Mr. W]

I guess I can see what you are trying to say, but to some, it does not matter why we have been losing money for over a month straight if the fact is that we are losing money.

Some people didn't get to ride the first train from $1.50.
Those people are losing money, and to them, it's been a down day, Week, and month,etc.

As long as we hold $4, we SHOULD be ok while we wait for Zion Oil to quit playing around.
If we lose it, THEN I'M worried from my position.

[tothe]

Chart~~~ well said Imperial. Glad you resurrected that post because it makes more sense today. We could even go back to two days in February. My 60 day CMF lock box had to reset. Still not showing serious dumpage on the fast 14 & 20 CMF's only serious trading with weak follow through on retraces. Also 60 days on the Fib Retracement shows -50% is $4.00. ;-) I guess we can call that Implied Market Value, investors driving a wooden peg at $4.00.

* Have fun with this pattern, no problem finding our baseline.
http://thepatternsite.com/tb.html
* For those of you still fuzzy on indicators, read this.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=129649579

http://stockcharts.com/c-sc/sc?s=ZN&p=D&yr=0&mn=4&dy=0&i=p77157579971&a=578654283&r=1526423208726