As per earlier April post we are now saying the yield fall to 3.2% take shape.
But the chart below shows that even so it will remain within the overall uptrend having been proceeded by an impulsive 5 wave move after declining in corrective fashion for decades.
I expect the next wave up to be 1.618 extension when overseas holders start to dump T bonds later this year or early next year taking yield to 11 % which will bankrupt ZIp
As per earlier April post we are now saying the yield fall to...
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Last
$1.89 |
Change
-0.125(6.22%) |
Mkt cap ! $2.385B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.85 | $54.15M | 28.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 639873 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 149904 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |