here is how I think mate, 4.96 to 5.31 then what? Bull trap $5.5...SZL went to 4.32 to 4.9 then back down to 4.2? You see the problem? The problem is simple, Market has lost faith in these companies even the growth is unprecedented on zip...this quarter numbers will be fantastic due to Christmas & sale season but what about next? The slowest quarter of the year...i will dip a toe if Easy money to be made on this stock otherwise I have regular size holding in it which doesn’t bother me much.
on TA it’s a broken trend, and APX tell you how a broken trend on growth stocks look like...although zip is 100 times in terms of growth compared to APX
here is how I think mate, 4.96 to 5.31 then what? Bull trap...
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |