it's not my down trend haha, it's Zip's!
yesterday's price action broke the trend slightly, so good chance this line will be broken today.
ready for a total crystal ball job?
i think Zip will have a bit of a bull trap coming up, based on the price action of the past rallies and pullbacks (black squiggles).
I think it will be capped when it runs in to the 50 EMA (circa $8.50) and then supported by the 200 EMA (circa $7).
Then it will eventually run in to the long term support around May-ish and then that will spur the next leg up.
Let's see how this ages...
Chart - Z1P, page-7587
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Last
$2.19 |
Change
0.050(2.34%) |
Mkt cap ! $2.842B |
Open | High | Low | Value | Volume |
$2.05 | $2.20 | $2.00 | $38.50M | 18.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.19 | 28237 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 2.240 |
2 | 8374 | 2.230 |
1 | 454 | 2.200 |
7 | 5358 | 2.190 |
6 | 1630 | 2.180 |
Price($) | Vol. | No. |
---|---|---|
2.000 | 1200 | 1 |
2.100 | 3226 | 3 |
2.110 | 419 | 3 |
2.120 | 1600 | 1 |
2.130 | 9831 | 1 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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