zonte metals

Ron, your chart prompted me to check the clouds on ZON and everything is bullish at this point. Trading above the clouds, Ichimoku (green line) at new highs. All other indicators, MACD, CCI and STO are all positive but not over optimistic yet. Support is packed up tight at every half cent from 18.5 cents

I put a new chart up on chart of the day
www.playstocks.net/index.php/market-trends/chart-of-the-day

The TSX Venture index put in a morning doji star reversal pattern last week. This is a strong signal of a reversal and this reversal also tested the July 2017 low. Probably means we have seen the lows in this correction. Individual stocks can do their own thing but in general volumes have been dropping and selling pressure easing.

As for ZON - it has shown very good relative strength, trading sideways while markets have seen very significant corrections from January highs.

Funny you ask, I was just checking it again. Not much on offer once the 19 cent is gone. About 230k bidding

GB, what does market depth look like. Some cheap stock at $0.19, probably be taken out by end of day

market depth looks good, strong bids and stock to buy if someone wants some

Check out chart of the day on TSX Venture. ZON holding up very well, for sure relative strength. Take advantage of the bottom and weakness as some longs are in panic

www.playstocks.net/index.php/market-trends/chart-of-the-day

Yup, you are right, one step at a time. First we need to break 25 and then 35 will be easy. I expect going up to 45 might be tougher. Then again, news or a change in market sentiment and it is a brand new game

whatever hype that brought us to 45 cent last year, we need that? but most importantly we need consistant volume.
figure out how to get those, then maybe back to 45 cents.
1 or 2 bucks i think is out of reach, untill we get those 2 things first

GoldnBoy wrote: JimB, exactly what Ron was saying about trades on other platforms that do not show up. I agree with you and I bought a bit more today and will add some more when free up more cash

with only $500k left in the till,at what price the next financing is going to be,like RonS said,the truth machine might decided that,especially if it breaks over $0.35,so if understand well,they'll drill the 3 targets,2 in the newfoundland and the yukon this summer,speculation might bring the stock over $0.50 or maybe anonymous will spoiled the party,what do you think ?

I bought a bit more also just to even up my position.

JimB, exactly what Ron was saying about trades on other platforms that do not show up. I agree with you and I bought a bit more today and will add some more when free up more cash

20 Minutes ago I bought 1,700 shares at $0.215. But the purchase does not show on the chart, and neither the 15K volume changed, nor the 50K Ask size.
I hope more of you help take out the low sellers and move this jewel up where it belongs!