ZIP 2.67% $2.55 zip co limited..

Chart - Z1P, page-16696

  1. 1,759 Posts.
    lightbulb Created with Sketch. 210
    I like to work on obvious trading patterns that are also generally respected as reliable in their outcomes and then apply indicators. Atm I can't see anything.
    The original double bottom pattern could still be in play but if it breaks that teal blue uptrend line (from Jan 03) significantly I think it will remain in the green triangle for the next 2 and a bit months with some volatile movements for shorts and longs along the way.

    A far forward possible pattern is a triple bottom around mid-April low 50c mark but this also forms a larger (descending) triangle, generally not good, but I have seen it can break upwards sometimes.

    In my opinion the Q3 in April will be a much higher risk (high?) reward trade.
    Not financial advice, DYOR.

    (At time of writing this post it was above the teal line, now broken, oh)

    https://hotcopper.com.au/data/attachments/4997/4997797-593568ccc3e53ec5cd6741e73023e01f.jpg

 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$2.55
Change
-0.070(2.67%)
Mkt cap ! $3.329B
Open High Low Value Volume
$2.58 $2.62 $2.53 $15.52M 6.058M

Buyers (Bids)

No. Vol. Price($)
1 9615 $2.55
 

Sellers (Offers)

Price($) Vol. No.
$2.56 58215 6
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.