Redzone Resources Ltd. (REZ)

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Redzone Resources Ltd. (TSE:REZ) Goes Flat at the Top of Trading Channel February 25, 2011

Redzone Resources Ltd. ( TSE:REZ ) stock price approached the higher end of the trading channel that's been in play since their stock graduated to the Toronto Stock Exchange in June 2010. Apparently the stock doesn't have the necessary thrust to burst out of the established range - share price rally is choppy, meaning the buyers are scarce, and a lot of sell orders should be expected to sit at the top of the range. The upper part of the range is near the all-time price high for the...read more