ZIP 0.00% $1.20 zip co limited..

Nice work keep it up! ZIP from the eyes of a Cheeky Charmer3 Day...

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    Nice work keep it up! smile.png

    ZIP from the eyes of a Cheeky Charmer

    3 Day Fading Volume
    57.5c former resistance potentially acting as short term support
    Stock well and truly trending on all EMA's
    Also currently an UNCLOSED DOJI Candle for the day as its only 11.15am
    This indicates a REVERSAL (to the upside IMO). Based on the chart near former resistance acting as support, I would guestimate a push back up into current overheads and double tops.
    Tomorrow being Friday, I suspect today is not the bounce day, just the soak day prior to what I suspect being a Friday Mini Short Squeeze
    Possibly retargeting the 60.5c to 61.5c overheads. Provided it clears the 65c double top we should see a trend continuation
    Speaking of double tops, it sort of acted the same back in Mid October-November before basing and breaking to another high
    Will the history repeat within this trend? what.png

    My views are bullish as DipBuys or Breakouts as both have provided decent opportunities smile.png This will be my 3rd trade, although not yet closed and former trades both profitable. I may give SOME back here, or further add to the profits already made. Nonetheless, all revolve
    around a plan GLTAHz!

    SENTIMENTS are BUY/HOLD and Position is HELD

    Someone
    asked in another thread why its coming down?
    1) Technicals
    2) Millions of issued shares at just under 52c via Convertible Note Conversion

    Con Notes so far are just under 150,000, provided all being exercised should release another 134M Odd shares to the float. That will make it slightly over 1B shares on issue. Provided the issue price is under 52c, this is profit taking on the open orders being hit which is simply natural.

    We watch to see how much is absorbed, how well prices soak, etc etc etc smile.png therefore my views are simply aligned with that of the trend. Nothing more

    https://hotcopper.com.au/data/attachments/5860/5860955-39d4de0eef93fb685af473d2f665581d.jpg
    Last edited by Cheeky-Charm: 04/01/24
 
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Last
$1.20
Change
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Mkt cap ! $1.346B
Open High Low Value Volume
$1.20 $1.22 $1.17 $6.308M 5.297M

Buyers (Bids)

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4 122787 $1.19
 

Sellers (Offers)

Price($) Vol. No.
$1.20 46456 3
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Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
$1.19
  Change
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Last updated 15.59pm 07/06/2024 ?
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