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Jicka
Jan 13, 2021 9:50 AM

Nice low risk entry Long

ZIP CO LIMITED..ASX

Description

like this setup for a few reasons. Great entry point IF you have conviction that BNPL is still ina bull market and in ZIPs cult factor

- filled teh gap (well the second one anyway), had all that excitment and FOMO and drifted back down to its breakout level
- been trading last 5 weeks in a tight range
- volume dried up so on good news / sentiment it could spike up again
- RSI uptrend on daily
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Jicka
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