going to be a large sell down at some point in the not too distant future, unless a large investor comes aboard or a JV/acquisition etc
the fed will announce a stimulus as early as Friday, which gives us space to rise a little further depending on outcome, however markets looking very frothy, and lots at play at the moment
completely agree that it's plausible to anticipate a "correction of sorts", however a new base has (arguably) formed at around $11.50-$12, so with a good report, it's likely to see this climb higher before falling down around the $10-$11 mark shorter term.
your target of $8.50 may get there but would need some significant catalysts, and none I can anticipate in the immediate future
I enjoy your opinions and outlook, and I agree, in most part, to your views.
my money is staying put as I think there is a bit more in the engines to break another ATH before cooling right off. I think this is more likely to happen first, before seeing a capitulation of 25-30% drop.
Chart - Z1P, page-5925
-
- There are more pages in this discussion • 10,776 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.684B |
Open | High | Low | Value | Volume |
$1.41 | $1.50 | $1.40 | $22.39M | 15.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16337 | $1.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.50 | 255886 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 16337 | 1.490 |
3 | 45901 | 1.485 |
6 | 93940 | 1.480 |
3 | 213873 | 1.475 |
3 | 113639 | 1.470 |
Price($) | Vol. | No. |
---|---|---|
1.495 | 255886 | 9 |
1.500 | 745639 | 100 |
1.505 | 67360 | 7 |
1.510 | 132868 | 12 |
1.515 | 58288 | 3 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |