I can see your perspectives for the long on ZIP. I do feel like shorting late into Thursday now with 1 day around the corner from Friday where we see morning Short Squeezes, doesn't sound like good odds for me for risk reward.
A rally from some short covering can definitely see prices higher so I hope the trades work in your favour my friend @ArielStarr89and maybe the bears can get a better average and the dipbuyers can sell into lower highs, everyone wins!I have been following your commentary on this closely!
I personally would be scared to hold a short overnight on thisI have outlined a chart from a daily perspective on why I think chasing weakness like this could be risky for amateurs trying to short. Good luck to all traders
I may be wrong, but I am not in the trade right now so don't have any exposure or risk
SENTIMENT temporarily changed to HOLD and POSITION: NOT HELD
I can see your perspectives for the long on ZIP. I do feel like...
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Last
$2.87 |
Change
0.160(5.90%) |
Mkt cap ! $3.714B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.90 | $2.70 | $61.73M | 22.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 413823 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 226794 | 8 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |