Thanks for your concern mateI'm afraid I can't oblige as no reason to short Zip at present as Death Cross has reversed.
My best guess is we are in B wave triangle with a series of 3 wave moves and $8.20 area is crucial as a push through upper trendline and sharp reversal will confirm this.
Moving averages are positive but Williams is returning from overbought position so conflicting signals.
Sometimes best trade is no trade at all.
Chart - Z1P, page-12757
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Last
$1.68 |
Change
-0.205(10.9%) |
Mkt cap ! $2.126B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.68 | $60.43M | 35.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 245391 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 16750 | 3 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |