ZIP 5.04% $1.70 zip co limited..

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  1. 1,459 Posts.
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    Lol. Nice show of emotion there @Mariemac. Grab some tissues, mate.

    From a technical perspective, (this is a statistical fact) 91.4% of all gaps are closed. That's 9 out of 10...not all, but pretty much all. So yes, the gap has a 91.4% chance of closing. Which i'll happily bank on as I'm already a holder, so I don't need to be desperate.

    Paying more attention to how shorts affect the SP has taught me something. I saw how the lowest of the low share price (Dec 21, 2020) coincided with with the EXACT moment of the short attack stopping (this was the moment between Period 2 and 3 of my previous post).

    i.e. - shorting is was pushed the SP down, nothing else. Therefore seeing a change in short position NOW can help dictate the bottom of the current trend. And if the shorting has reversed already then I'm less bearish.

    Still think I talk garbage??


    Last edited by TimtamTom: 05/08/21
 
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