ZIP 2.03% $3.02 zip co limited..

I wouldn’t enter at any point until they’ve overcome their...

  1. 8,124 Posts.
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    I wouldn’t enter at any point until they’ve overcome their hurdles

    by the time the tech market turns, there will be much safer and more guaranteed returns elsewhere (on a much more permanent trajectory), than zip.

    they have some significant concerns that their peers don’t share, so the bounce may not be long lived before, for example, a cap raise is announced.

    however, if I was to decide to take a position, it would be largely based on market sentiment rather than technical indicators

    this is heading for high $2s, and if it gets to $2.50, then the risk reward improves for a much safer climb back to $4 to $5.

    zip won’t get back to $5 again in the shorter term, without something significant being announced. It won’t get there on updates and market sentiment alone.

    all imo, dyor
 
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