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James, very few people were able to buy ZLCS at .43, in the overall scheme of things, and based upon the time of the year and history of ZLCS price movement, I believe at current share price many people can still buy and make a good short term profit. Do you really think ZLCS has already finished its current run?
It's amusing to see how the green highlighting on the ZLCS chart shown in the article focuses upon the potentially positive aspects of an otherwise disastrous performance and simply ignores any price movement that fails to support a bullish thesis. Neverrrrmind the deep, deep trough from which ZLCS has only recently shown some inkling of recovery. Overall, ZLCS's chart resembles an inverted cup and handle out of which the contents spill onto the floor. In fact, the chart looks better when turned upside down. So, what's not to like?
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Zalicus: Extremely Bullish In Weekly Chart 5 comments
Zalicus Weekly Chart
(click to enlarge)
Disclosure: I am long ZLCS.
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Of course how high the price could go depends on whether there is any good news. Therefore I will sell if the stock is in 0.86 - 0.90 area.
ZLCS closed 0.82 Friday, time to sell.
Let us find out next week.
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