PEM & KZL (CFD)

Wow, today was an exiciting day, the Australian market was down today, however all the zinc producers were up heaps! I’ve been stalking these stock for a while now, today I decided to open 2,400 PEM @ 4.211 and 1,700 KZL @ 5.869. Why? cause they are fundamentally good stocks, they have been hammered in the market over the past 5-6 months and this is the first few month of recovery (ie. there is a tecahical support, higher low, higher high etc.) there is good support level. There is strong support at KZL @ $5.00 & around $5.55. For PEM there definitely support at around $3.00 and again at $3.85

PEM
PEM 24 April 2007

KZL
KZL 24 April 2007

Nik Halik has a CFD Mastery program for the people who are interested…

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One Response to “PEM & KZL (CFD)”

  1. hi…

    wonderful post…

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