i've seen you post, you seem like an experienced trader. so you must know if the infinite strength in nasdaq is only preventing zip from dropping, what would happen if that infinite strength is gone? nasdaq will keep on going up forever ofc, but not on infinite strength all the time.
this type of strong negative divergence is very worrisome, i've held stocks that did this, they just DROP after support is broken.
Chart - Z1P, page-15798
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Last
$2.12 |
Change
0.000(0.00%) |
Mkt cap ! $2.751B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.19 | $2.08 | $37.25M | 17.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 134476 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 90343 | 8 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |