Chart - Z1P, page-2302

What a week, was moped across the floor personally with my holdings in CSL, FPH and APX all taking a beating for their own various reason. Plus Zip getting flogged too, lol. Ahh, fun times.

But a very interesting chart too, just finding such resistance at the neck line of $5.55. It MUST hold the neck line and MUST definitely not close a day sub $5.55, I would be very sad to see this happen.

The next steps down are:

• Mental barrier of $5
• Lowest price of the gap up at $4.75
• Then a whole world of pain at $3.77

My intentions are to see it bounce of $5.55 and get more closer back to my original entry of circa $6, probably aim for around the $5.80ish mark to average down a little.

However if it breaks $5.55, I will not cut losses until $4.75 is broken, because there's a part of me that thinks bargain hunters will come snapping at $4.75 - $5 and won't let it close the gap. But let's wait and see.

Management kinda need to step in now to provide the momentum to get the price back up because without something helping Zip along, or a killer macro event to provide the push - the trend just isn't our friend right now.