It found support on the 34 EMA and is being squeezed between that and 13 EMA.
If it is the start of a bull run it needs to "channel" and cannot break out of the channel without a significant retrace. However i dont see a completed 5th wave unless it is going to truncate and will lead to quite severe falls. its really at the inflection point now but i would not be holding if it decidedly breaks this channel.
As ive said i think Q3 will evidence between 20 million and 50 million operating losses as arrears were trending much higher and they have made a rod for their own back by comparing bad debts from a weaker quarter against revenue from a stronger quarter and now this reverses and they cant use the accounting trick they used the last time.
- Forums
- ASX - By Stock
- ZIP
- The Bear Room
The Bear Room, page-978
-
-
- There are more pages in this discussion • 1,899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.76 |
Change
0.040(2.33%) |
Mkt cap ! $2.221B |
Open | High | Low | Value | Volume |
$1.77 | $1.83 | $1.74 | $30.40M | 17.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 66876 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 60000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20084 | 1.755 |
1 | 1200 | 1.750 |
6 | 48325 | 1.740 |
7 | 156732 | 1.730 |
3 | 8000 | 1.720 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 30000 | 1 |
1.765 | 132114 | 1 |
1.770 | 5000 | 1 |
1.775 | 84987 | 7 |
1.780 | 28000 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |