I wouldn’t enter at any point until they’ve overcome their hurdles
by the time the tech market turns, there will be much safer and more guaranteed returns elsewhere (on a much more permanent trajectory), than zip.
they have some significant concerns that their peers don’t share, so the bounce may not be long lived before, for example, a cap raise is announced.
however, if I was to decide to take a position, it would be largely based on market sentiment rather than technical indicators
this is heading for high $2s, and if it gets to $2.50, then the risk reward improves for a much safer climb back to $4 to $5.
zip won’t get back to $5 again in the shorter term, without something significant being announced. It won’t get there on updates and market sentiment alone.
all imo, dyor
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B |
Open | High | Low | Value | Volume |
$2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55449 | $2.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.24 | 136951 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 55819 | 2.220 |
2 | 2200 | 2.210 |
8 | 51960 | 2.200 |
2 | 9270 | 2.180 |
1 | 20000 | 2.170 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 9144 | 2 |
2.250 | 181532 | 7 |
2.260 | 124776 | 13 |
2.270 | 170933 | 12 |
2.280 | 298267 | 12 |
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