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ZIP Chart : Next Move Imminent, page-29

  1. 2,152 Posts.
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    After hiding in the closet for the past few weeks, it appears that ZIP has finally emerged in style.. with a strong bull candle on noticeable volume. Starting to look more like a textbook reflection.

    MACD  has also just crossed today, which may send a few buy signals around for traders.

    Important to note  today's action should be seen as a signal rather than a confirmation. Would be interesting to see if the next few candles confirm the break, but at this stage can expect it to retest highs soon imo before we reassess it's next move.


    Same chart, just updated.



    Cheers
 
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