Nah, no chance. I see minor resistance at the 50 Week EMA of $5.20 but I am still expecting $5 by Friday.
If that breaks, $4.75, again if that breaks, gap closed at $3.75.
There's no fundamentals to this. Sad to say we are in the day traders hands now as the only thing Zip is actually winning at is the race to the top of the ASX most shorted list. I've been checking it daily and today we cracked the top 20! Now #17.
Shortman posts with a lag of 4 days, so come Friday I think we'll be more shorted than what we are now at 6.14%.
Sucks, i know...
Nah, no chance. I see minor resistance at the 50 Week EMA of...
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Last
$1.48 |
Change
-0.015(1.00%) |
Mkt cap ! $1.712B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.54 | $1.47 | $13.77M | 9.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 79040 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 22403 | 15 |
View Market Depth
| Last trade - 13.38pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |