AsimMirzaTrader

Z1P - Trade Plan

Long
ASX:ZIP   ZIP CO LIMITED..
Z1P has been consolidating for a while at the lows and now the price action suggests that it may be preparing itself to move higher, as we can see that the Bearish Trendline has broken with High Volume. I am bullish Z1P with my trade plan mentioned below:

TP - Next Resistance Level of $8.40 (potential 17% profit)
Stoploss - Below the recent Swing Low at $6.20

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.


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