ZIP 1.51% $3.36 zip co limited..

As per earlier April post we are now saying the yield fall to...

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    lightbulb Created with Sketch. 1945
    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

    https://hotcopper.com.au/data/attachments/6357/6357868-c708cce07cac71efef8d45a645e10eb1.jpg

 
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