CRInvestor

Financing news pending and technical floor to work with

Long
TSXV:ZNN   None
0
An interesting alternative fuel proxy, ZNN has a very interesting long term chart . Considering risk vs. reward, I like the long side from around $.90 with a stop of $.60 and a target of $1.50 (2:1 Reward vs. Risk). I would have open orders to sell 2/3 of the position at $1.50 (to get all your original capital back in your hands plus a little treat). The remaining shares would have a cost basis of $0 or basically free.

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