ZIP 1.87% $1.32 zip co limited..

@rav103patience has rewarded but it still looks concerningI...

  1. 8,124 Posts.
    lightbulb Created with Sketch. 875
    @rav103

    patience has rewarded but it still looks concerning

    I don’t agree with some others comments (again) about any sort of bullish patterns. The range certainly isn’t tightening, it’s widening and has now created a much harder road back to $7 (without any announcement). If you aren’t day trading, FA on this horse is the most important ingredient when trying to swing trade

    volume continues to drop month on month and short interest needs to be monitored before another entry.

    she has broken her resistance at $6.50 easier than before and this is concerning that she dropped quickly into the 30s.

    macros are deteriorating and support to the downside remains.

    beware of the bull trap that’s already trapped a large number after last weeks micro bounce

    It is no good being greedy and getting the entry wrong, so I remain on the sidelines with my trades until I see a prolonged range as it has not found a floor yet


    Last edited by AlphaX: 02/11/21
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.32
Change
-0.025(1.87%)
Mkt cap ! $1.481B
Open High Low Value Volume
$1.34 $1.35 $1.31 $4.755M 3.575M

Buyers (Bids)

No. Vol. Price($)
12 64646 $1.32
 

Sellers (Offers)

Price($) Vol. No.
$1.32 37190 37
View Market Depth
Last trade - 14.26pm 08/05/2024 (20 minute delay) ?
Last
$1.32
  Change
-0.025 ( 2.50 %)
Open High Low Volume
$1.34 $1.35 $1.31 1397685
Last updated 14.46pm 08/05/2024 ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.