hitchcoxg

ZIP.AU Up +-200% From Lows.

Long
hitchcoxg Updated   
ASX_DLY:ZIP   ZIP CO LIMITED..
At the Pandemic Levels ZIP was a $12 Stock.
Should they continue to perform, this will offer a 1800% upside for those dedicated Investors with a long term View.

Recent price action seems to confirm the Trend. Dedication will be required and is a +5 year Study.

As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.

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Regards Graham.
Comment:
Momentum is Working. Conviction is needed to stay in or sell.
I'm staying in for now with a $0.77 Stop Loss.
Comment:
Conviction is working using Trend Studies - For now. Was a bit risky!
Comment:
Target of +$1.00 achieved.
Now using -10% Trailing Stop Loss.
Comment:
The recent +30% Surge suggests some Profit taking soon.
I'm taking 50% off to lock in my gains.
Will use the Fibs to see how far the retracement goes and then Re-Enter.
Comment:
Buying at these levels is not recommended.
Wait for a FIB retracement level before entering.
Comment:
You can read the UBS news - Remember Zip? It's up 400% since November and UBS says it's a Buy.
Comment:
Zip Target Price Raised 8.4% to A$1.55 a Share by UBS.
Comment:
UBS Wrong. Re-Enter around $ 80 - $90.
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