@stonks92
I would not be shorting now ... think let this trend play out ... too many variables e.g. A=C=1 ... that blue line is VWAP ... no way in my opinion they will get past that without a decent retrace at least ... read up on VWAP -> imo insto's will pump up to there, but will not be buying above it unless there is a real business case for it ... you know what happens after wave C ... been too much in the weeds/detail with zipper lately, so zoomed out and it immediately caught my eye ... and it is still well inside the boundaries for a wave 4 retrace (lol I am still not convinced W5 formed at the bottom) ... it does not imply it has to retrace back to 25c due to truncation
Just something that crossed my mind, thought I'd mention it to be careful with shorting with all the media/insto pumping ... that would also be a place (if i were zip) to do a CR if its on the cards ... daily chart
The Bear Room, page-2243
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Last
$1.78 |
Change
-0.045(2.47%) |
Mkt cap ! $2.253B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.88 | $1.78 | $7.000M | 3.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 60615 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 65866 | 18 |
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| Last trade - 10.51am 31/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |