ZIP 5.76% $1.75 zip co limited..

Yeah moving upMarket can see more and more zips growth is...

  1. 243 Posts.
    lightbulb Created with Sketch. 124
    Yeah moving up
    Market can see more and more zips growth is accelerating
    The acquisition of Quadpay hasn't been a flop but a roaring success
    Mkt can see in 1-2 months quadpays business will represent more than 50 percent of their total business and it's growing 200+ percent year on year and fastest growing bnpl.
    Let's look at shorts.
    Zip was recently top 10 shorted stock. Moved to number 14 them 16
    Zip experienced the biggest decrease of the top 100 shorted stocks in short positions last week and that's before this announcement.
    Short ratio is 5-6 days, meaning at current average trading volumes will take Shorters 5-6 days to sell out their positions. We are on day 3 of that and still another 3 days. Shorters be a hurting but they will.need to push the share price up as their demand while.they close out plus this ongoing great news on zip growth that absolutely blitzes Sezzles growth result comes into play.

    So we have Shorters closing their positions even before this Ann and now this news
    Sp is above the 50 and 200 day moving averages and ii j charts a clear bull flag has formed.

    Goodfella is the poorfella


 
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Last
$1.75
Change
0.095(5.76%)
Mkt cap ! $1.966B
Open High Low Value Volume
$1.66 $1.77 $1.63 $30.65M 17.72M

Buyers (Bids)

No. Vol. Price($)
6 93688 $1.74
 

Sellers (Offers)

Price($) Vol. No.
$1.75 5157 2
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
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