I am delighted to see this dog making a new high every daythat is what we need to see for a sustainable SP rise
I believe the next resistance is now just below $0.50. If it breaks the $0.50 with strong volume, then it should get to the next resistance level of around $0.60 in no time.
Most brokers have recently increased their target price to an average price of $0.75, but one particular broker sees the SP to trade at around $1.80. Nothing is impossible with ZIP. They did that last year, they traded from as low as $0.40 to as high as $1.70 in a very short period of time. I am positive that the same price action will occur now given the optimism and momentum that I see right now.
All the best LH.
Cheers,
I am delighted to see this dog making a new high every day :)...
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |