@Taxed I feel a great deal of empathy for you as you appear to have suffered on Zip.
I learned over the years to stay away from these "jam tomorrow " stocks and sure you might miss some big gains but also can lose 90 percent of your Investments.
As I mentioned to you yesterday EOG and SLB are my long holds and are coming up against resistance but if you watch then closely if they break out there is potential 200-300 percent upside on my reading of the charts.
There is significant buyer conviction with increasing volume and strong candles but if you want to spread the risk there is an ETF for the major oil services companies being OIH where Friday's volume was four times the daily average and continued buying today could be enough to break resistance with significant upside
Z1P - Technical Analysis posts, page-363
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Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.684B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.40 | $22.39M | 15.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16337 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 255886 | 9 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |