The mirror pattern has played out in an eerily similar fashion albeit on a longer timeframe.
To answer your question, I would say perhaps a breakout when Zip reports in January to surprise the market or a catalyst between then.
If the pattern is indeed intact then today ‘should’ be the low or very close to it and then sideway consolidation at this level before slowly creeping back up.
I’m staying positive
The mirror pattern has played out in an eerily similar fashion...
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Last
$1.76 |
Change
0.040(2.33%) |
Mkt cap ! $2.221B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.83 | $1.74 | $30.40M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 66876 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 60000 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |