Howdy Yall. Although today's sell of upon the quarterly...

Howdy Yall. Although today's sell of upon the quarterly announcement is unfortunate even though with positive results (expected with Z1P), we are still within our uptrend for the bigger time frames of daily, weekly and monthly (picture not included). Price action seems to be approaching the narrow range of the drawn triangle as time passes.

Price action respecting the long term uptrend as usual.
Below are 3 notable support and resistance HORIZONTAL RANGES i've identified to consider in the upcoming future.

~: Approximate

HORIZONTAL SUPPORT RANGES:
~$6.71
~$6.32
~$5.60 - ~$5.86

HORIZONTAL RESISTANCE RANGES:
~$7.80
~$9
~$10.61

DAILY




WEEKLY


More shorts/sell offs suppressing Z1P's Stock Price upon the compounding positive announcements/results that grows Z1P as a business.
10.54% Shorting as of 15/7/21 https://www.shortman.com.au/stock?q=z1p

This just simply creates an image of an endless high compression spring (Stock Price) being pushed down (Shorts) with the tension (Fundamentals) inevitably over powering the suppression force of shorts/sell offs. Could a re-rate be a slow burn or explosive that is somewhat relative to the shorting in Z1P? Who knows. We are still in an uptrend anyway although at the low end of it, but still a bullish chart. This could be seen as an opportunity to buy into an increasingly growing company with a decreasing SP. However:

Z1P's global expansion, financial and general company growth will not be reflected with a stagnant/suppressed Stock Price forever.

Fundamentals will always prevail.

This is ALL in my OPINION ONLY. This is NOT financial advice.

Good Luck Investors. Be Healthy and Safe.