ZIP 0.74% $2.72 zip co limited..

my honest advice which hasn’t changed in months, (since last...

  1. 8,124 Posts.
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    my honest advice which hasn’t changed in months, (since last report), is do not buy while there is no floor and there are too many internal and external risks which need to be ironed out, before a clearer view forward can be achieved.

    we all know zip hasn’t followed the markets up, but remains a passenger on the fall.

    we also know zip doesn’t move on reports (except being sold down after the past 3)

    as I highlighted on the resistance levels, the support is not there to see her hold up, and will most likely see her down low $4s

    funds are enjoying “shorting” the “correction” but whether it defines as a technical correction (as last one was only 7%), remains unknown. At the rate of fall mirroring last correction, then it’s unlikely to see $3s unless the markets technically correct

    all imho , do your own research
    Last edited by AlphaX: 02/12/21
 
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