On the hourly chart I have been previously talking about - last post I had us breaking out of a falling wedge. This was Monday.
Since, we have tested the first historic resistance of $3.69 with a wick touching it before it came back down. This started a fall back towards the upper bounds of the wedge. Predictably, it bounced off this area (low $3.50's). Some nice dojis have followed.
Hopefully now we have another crack at going above the previously mentioned resistance of $3.69.
An interesting watch, defiantly worth hanging on and being patient if you already hold, however not quiet ready to change my sentiment to a buy YET. This could happen soon though - bring on the new year. In saying that; overall, i am still very bullish on the stock, however, that is more a long term perspective. The above refers more to the short term.
Cheers, dyor.
TA & charts, page-183
-
- There are more pages in this discussion • 952 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |