NYSE:ZIM   ZIM Integrated Shipping Services Ltd.
This stock has a clear downward trend with the next support at around $28.16. Many are trapped in the $49.61 range. So, once it touches the $28.16 range, if it puts in a box to set up a stage one there with support we could see a potential long back towards the $49.61 range. The RSI indicators show that it is oversold and the MACD shows that it is ready for the buyers to come back in. We are not ready for the long trend yet though, because the 10EMA and the 20 EMA haven't crossed upward yet indicating a new trend is being made.

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