Zanaga Iron Ore Co. Ltd ZIOC – Current Price 15.20 pence. dMAmapping⇗⇗⇗⇗⇗⇗ bullish breakout. Target Price = 48.00 pence.

in investors-group •  6 years ago 

#Investors-Group: News

Zanaga Iron Ore Co. Ltd (LON:)

Zanaga Iron Ore Co. Ltd – Current Price 15.20p. Bullish..jpg

Zanaga Iron Ore Co. Ltd

Zanaga Iron Ore Co. Ltd – Current Price 15.20 pence.

Bullish breakout.

Target Price = 48.00 pence.

Technical Analysis

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Zanaga Iron Ore Co. Ltd #ZIOC - #dMAmapping⇗⇗⇗⇗⇗⇗

#dMAmapping⇗⇗⇗⇗⇗⇗ - Long Term Bullish.

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We maintain a BULLISH recommendation on Zanaga Iron Ore Co. Ltd #ZIOC and will continue to monitor the technical analysis over the next few weeks/months.

Thanks again for reading.

Stephen

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Set a high target to catch the market. Amazing. Thats good to see setting a big target. Zanaga Iron Ore’s beta of 0.8 indicates that the company is less volatile relative to the diversified market portfolio. This means that the change in ZIOC’s value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. ZIOC’s beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.
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Zanaga Iron Ore has a market capitalization of £37.89 million.
One share of ZIOC stock can currently be purchased for approximately GBX 15.56.

Now the market is once a big drop
I hope that it will rise at the price of times
But your expectations are wonderful, my friend
I hope you can go up as fast as possible

Thanks to the trading tip. @stephenkendal

Retweeted on Twitter.
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