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Trainwreck
Aug 31, 2021 2:06 PM

$ZIM Long Long

ZIM Integrated Shipping Services Ltd.NYSE

Description

Long term still long AF on ZIM but it seems we have gone up too fast for a traditional stock and rejected all time highs.

I see a short term correction based on MACD and RSI needing a cool off..

Dips continue to be for buying until something changes on a macro level so I am looking to long support around $44.



Freight market insight

nytimes.com/2021/08/23/business/economy/supply-chain-bottlenecks-coronavirus-inflation.html
reuters.com/business/china-us-container-shipping-rates-sail-past-20000-record-2021-08-05/

Trade closed manually

clearly dips are banned until money printing stops haha ATH breaking as we speak
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