fred0002

$ZIM is looking more bullish each day!

Long
fred0002 Updated   
NYSE:ZIM   ZIM Integrated Shipping Services Ltd.
The market is showing signs of a potential small breakout on the bullish side for ZIM, which indicates a possible upward movement in its stock price.

If you're specifically interested in dividend stocks, ZIM appears to be an attractive option as it is consistently gaining momentum and boasts significant dividend yield percentages.

The key level to watch closely is the dotted (- - - -) line at around $14.56. If ZIM's stock price manages to break above this level, it could serve as a clear signal for a potential upward trend in the near future. However, it's important to note that there might be some resistance at this level, so market participants should keep an eye on the stock's performance closely.

Moreover, the 4-hour chart for ZIM is displaying a bullish pattern, further supporting the notion of a potential bullish run in the coming days.

It's essential to stay updated with the latest developments as the financial report for ZIM is scheduled to be released in August. This report could be a significant catalyst for the stock and may lead to further price movements.

As the situation unfolds, the post will be updated with more information to confirm whether a clear upward trend has indeed formed for $ZIM. For now, it's advised to closely monitor the stock's performance as it could become an interesting and potentially lucrative opportunity in the near future.
Comment:
ZIM broke through the resistance line. Let's go. This is a clear bullish sign. Let's see where it takes us. Expect between 14.5 - 20$ levels
Trade active:
Priced closed below resistance line, which could indicate a bearish movement. I would set stop loss at 13.90$-14.00$ levels. However, nothing is certain yet. Let's see what happens.
Trade active:
Targets:
Stop loss 13.95$

50-100% Take Profit at
18.00$
Trade closed: stop reached

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