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$1.27 zip co limited..

Beware the bull trap...there's no rush. I am still keen to see...

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TimtamTom

1,459 Posts.

542

01/04/21

12:54

Post #: 52204170
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Originally posted by TimtamTom: ↑

it's not my down trend haha, it's Zip's!
yesterday's price action broke the trend slightly, so good chance this line will be broken today.

ready for a total crystal ball job?

i think Zip will have a bit of a bull trap coming up, based on the price action of the past rallies and pullbacks (black squiggles).

I think it will be capped when it runs in to the 50 EMA (circa $8.50) and then supported by the 200 EMA (circa $7).

Then it will eventually run in to the long term support around May-ish and then that will spur the next leg up.

Let's see how this ages...

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Beware the bull trap...there's no rush. I am still keen to see this one all the way through

Z1P Price at posting: $7.65 Sentiment: Hold Disclosure: Held
10 Upvote

3 Great analysis

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(20min delay)
Last $1.27		Change -0.030(2.32%)		Mkt cap ! $1.425B

Open	High	Low	Value	Volume
$1.29	$1.30	$1.26	$9.400M	7.424M

Buyers (Bids)

No.	Vol.	Price($)
2	30000	$1.26

Sellers (Offers)

Price($)	Vol.	No.
$1.27	60364	6

View Market Depth

No.	Vol.	Price($)
2	30000	1.260
13	267334	1.255
35	496731	1.250
9	151213	1.245
18	288595	1.240

Price($)	Vol.	No.
1.270	60364	6
1.275	139000	7
1.280	124238	6
1.285	123155	6
1.290	136951	10

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last $1.27			Change -0.030 ( 1.88 %)
Open	High		Low	Volume
$1.28	$1.29		$1.26	2346797
Last updated 15.59pm 22/05/2024 ?

ZIP (ASX) Chart

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