Re APT I can't see your pennant on a weekly chart, which is where it would need to be for me (a pennant needs two weekly troughs and peaks on the boundaries to be valid - or so I was taught). I could see price maybe slipping back to $85 but anything is possible as the last 4 weekly candles suggest major market indecision.
ZIP both confirmed a technical downtrend and completed a valid Head & Shoulder last week but only by the narrowest of margins so next week is an important one. Lower prices would make me believe the H&S is definitely in.
My interest in both is purely academic as I don't hold either stock given their charts suggest trouble could be afoot.
Chart - Z1P, page-2305
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Last
$3.28 |
Change
0.030(0.92%) |
Mkt cap ! $4.282B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.37 | $3.26 | $42.97M | 13.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 168944 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 136456 | 8 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |