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.
If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
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Momentum is Working. Conviction is needed to stay in or sell. I'm staying in for now with a $0.77 Stop Loss.
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Conviction is working using Trend Studies - For now. Was a bit risky!
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Target of +$1.00 achieved. Now using -10% Trailing Stop Loss.
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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.
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Buying at these levels is not recommended. Wait for a FIB retracement level before entering.
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You can read the UBS news - Remember Zip? It's up 400% since November and UBS says it's a Buy.
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Zip Target Price Raised 8.4% to A$1.55 a Share by UBS.