$2 PARTY, page-10164

Put on ignore the toxic 4; it's not that their ideas are challenging—it's that they keep recycling bad ideas that have been repeatedly debunked by logic, statistics, and, of course, rejected by the market itself.


ZIP of July 2024 is a different beast from ZIP of July 2023. ZIP isn't heading to sub-$1 territory anytime soon.


Now, the key question for the group (excluding the toxic four, because who the Fcares?) is the strategies leading up to Q4.?

The chart setup looks primed for a breakout to $2 if results are favorable.



However, we also know that ZIP's results, even when positive in the "real world," can be reacted to negatively by the market, leading to significant short-term downturns. I believe the same overreactive emotional forces will shape the Q4 results.

My current thinking if I observe strong gains over the next two weeks, which I infer is trading on an overtly optimistic projection of Q4, particularly a 20-30% increase over the 50-day moving average (i.e., in the $1.70++ range), I will consider selling a portion of my long-held shares. This would be based on the "bet" that there is a good chance of a positive outcome, BUT will not be viewed in the hours or few days later as "that good".

Conversely if there are not strong gains leading up Q4 I will continue with my 99% of the time trading plan: do nothing and wait for reinclusion into ASX200