ZN Weekly chart(s)~~~ Down –14.67% or -$0.270 to close at $1.57 on volume of 3,683,696. * Dollar volume matrix for week: Average 5 day Dollar Volume per day was $1,178,309 ($1.60 X 736,443) http://www.profitspi.com/stock-quote/zn.aspx
~~~ Consolidation trading range for the week $1.50 to $1.82. trading at technical bottom. chart thread post
Very good collection of evidence. Particularly helpful is the diagram showing the deep source kitchen (source rock where time, temperature and pressure make oil) and the migration path to the structure where MJ-1 is drilled. This is more illustrative of the target to a lay person than trying to interpret the seismic in the immediate area of MJ-1.