Replies to post #48865 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

JRyan, agreed, but the machines may use ...

... the cup and handle and trade into it. If it holds, we'll probably hit .20 and then run up through .30 and then higher as it breaks through the resistance found between .30 and .32.

It could run all the way to mid .40s. Then seller's will jump on it again. If we run higher, it will be because the AMoS is on the horizon and along with it, the expectation of the news that could accompany it will have sellers holding..

Next 2 weeks will be interesting.