It will soon be a trading buy as the coming rally will float all boats including commodities that have retraced.
My best read is that stocks like Nvidea which are a good barometer for the Nasdaq is in the B wave of Wave 2 with a very sharp C wave up tp come possibly 20 to 25 percent rally.
I have limit orders in and around $200 on Nvidia as where it goes the rest of the Semi Conductors go and so follows the Nasdaq.
This will be a sustained rally over one or two weeks and will have everyone calling the bottom is in.
The louder the cries and if it makes it to main stream Media that tis the time to get out.
Zip could enjoy a 40 to 50 percent rally but that will be the final meaningful bounce
Chart - Z1P, page-15614
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B |
Open | High | Low | Value | Volume |
$2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 133683 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.20 | 235682 | 50 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 38024 | 2.180 |
2 | 1381 | 2.170 |
3 | 17776 | 2.160 |
5 | 23480 | 2.150 |
2 | 46380 | 2.140 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 194372 | 36 |
2.210 | 175 | 1 |
2.220 | 34300 | 6 |
2.230 | 8500 | 3 |
2.240 | 13075 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |