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#9) Zion Oil (ZN) Forecast Chart for Aug 14, 2017*
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August 11, 2017 (RicochetTrader.com)

Forecast chart for Zion Oil ( ZN ) for the next 15 trading days, starting on August 14, 2017

On August 11, 2017 Zion Oil had a closing price of $3.47 with 378,125 shares traded. The trading liquidity was $1.31M. The forecast predicted average opening price for trading date August 14, 2017 is $3.47.

Summary Information for Zion Oil ( ZN ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.4106% occurs on day 5 where there is a 10% chance that ZN will rise to $4.02 (+15.88%) and there is a 10% chance it will fall to $2.85 (-17.95%). There is a 20% that ZN will cross one of these price levels in 5 days, and adding the returns of +15.88% and -17.95% yields a net composite return of -2.07%. A net return of -2.07% in 5 days is an EDR of -0.4106% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.8910% occurs on day 2 where there is a 20% chance that ZN will rise to $3.69 (+6.46%) and there is a 20% chance it will fall to $3.18 (-8.25%). There is a 40% that ZN will cross one of these price levels in 2 days, and adding the returns of +6.46% and -8.25% yields a net composite return of -1.79%. A net return of -1.79% in 2 days is an EDR of -0.8910% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.8167% occurs on day 2 where there is a 30% chance that ZN will rise to $3.64 (+4.78%) and there is a 30% chance it will fall to $3.25 (-6.42%). There is a 60% that ZN will cross one of these price levels in 2 days, and adding the returns of +4.78% and -6.42% yields a net composite return of -1.64%. A net return of -1.64% in 2 days is an EDR of -0.8167% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -1.0032% occurs on day 3 where there is a 40% chance that ZN will rise to $3.57 (+2.89%) and there is a 40% chance it will fall to $3.26 (-5.93%). There is a 80% that ZN will cross one of these price levels in 3 days, and adding the returns of +2.89% and -5.93% yields a net composite return of -3.04%. A net return of -3.04% in 3 days is an EDR of -1.0032% per day.

* The forecast for Zion Oil (ZN) was made using market data after the close on August 11, 2017 but is generated for the next trading day, or August 14, 2017