ZIP 0.55% $1.84 zip co limited..

Capital raising caused the dip and its back to $8 by Nov, page-19

  1. 355 Posts.
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    Advice & Warning to young players:
    It gives me no pleasure in predicting yesterdays Short Attack.
    Whilst I was criticized for looking at the MACD, &
    Agreed its slow to react to volatile stocks, &
    Yes it's a lagging indicator,
    BUT:
    Its never wrong.
    Just run your cursor over where the lines cross.
    Z1P is running into a period of weakness.
    If you think that Z1P is another APT, (& it's possible?)
    Then the entry price is almost irrelevant.
    Today's pre-market looks much like yesterdays
    Another Short Attack
    I don't expect it to finish in the green
    Wait until the MACD gives a positive signal then start buying and top-up as the price rises.
    And when the MACD starts to turn over, sell a few or the lot.

    This is safe investing: don't blow yourself up.
 
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