A clear Falling wedge pattern in play, it goes back to the beginning of the year (when the breakout started). SP in short term going towards 6$ to fill the gap. Shorterm, shorts are in control to put this wedge in play....... End of Sep early OCt could get a positive announcement which should coincide with the end of the falling wedge pattern to rise again (Christmas spending and vaccination getting better will further boost the SP )
Ofcourse its my opinion only I may be completely wrong
Please do your research
SS
Chart - Z1P, page-12897
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Last
$1.81 |
Change
0.060(3.44%) |
Mkt cap ! $1.997B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.72 | $35.33M | 19.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 90321 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 28633 | 20 |
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| Last trade - 15.36pm 09/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |