TradingView
fundamentalister
Feb 7, 2023 3:21 PM

Is $ZIM forming a cup and handle? 

ZIM Integrated Shipping Services Ltd.NYSE

Description

Based on the price movement this looks like "cup and handle"NYSE:ZIM to me

Comment

JP Morgan analyst Samuel Bland upgrades ZIM to Overweight and raises the price target from $17.6 to $30.40
This could be the catalyst that we are waiting to trigger the run-up
Also, take notice that ZIM is heavily shorted
More