The Story of ZIP so far.. How far can ZIP fall ? where is the bottom ? Only time will tell..
Z1P has been on a free fall since Oct 2020 Big News : Z1P and SZL merger though the "Placement Price" is $1.90 , will Z1P be able to use this as Strong Support ? Rumor : Goldman Sachs the most likely candidate for a take over , will this happen?
Z1P is showing signs that it has found supportt at the trendline Support coupled with High Volume. This indicates buying interest at current level of $7.00. I think that if Z1P manages to close above $7.00 which is also the POC of Volume Profile, for two more days, it could move higher towards its next Resistance level of $8.45. Please note these are my own...
Z1P has been consolidating for a while at the lows and now the price action suggests that it may be preparing itself to move higher, as we can see that the Bearish Trendline has broken with High Volume. I am bullish Z1P with my trade plan mentioned below: TP - Next Resistance Level of $8.40 (potential 17% profit) Stoploss - Below the recent Swing Low at...
Z1P has bounced off Trendline Support with good volume and clearly showing bullish price action. It seems that Z1P should continue its swing to the upside. My target on this trade will be the resistance level of $8.90, which could potentially give a 20% gain. My stop on this trade will be below the swing low at $6.20. Please note these are my own notes, by no...
ASX:Z1P continues to respect the trend after a long fall from its recent top. Holding this trendline could signal more growth.
Z1P's current selloff may be coming to an end and provide a buying opportunity soon. I think there may be some room left to the downside and could be supported on the trendline where my Buy Zone lies at the $6.80 - $7..00 range. I will be comfortable to buy in this range after it shows solid Bullish Price Action. My target for this trade will be the old resistance...
CR Price + Held by a long term support line flipped from a resistance
This was very interesting today, first it was not on my radar this morning, once it gaps up I thought I will go for a buy, then for some reason I was trading it like a demon. I was gambling with this stock today and I was trading emotionally. On the one minute chart my entry was all over the place, I think moving forward if it gaps up wait for a pull back once it...
Starting to also gain momentum, after a number of really good reports, this particular stock has shown a healthy consolidation phase and is almost ready to rally. target is 10$ mid term but could extend up to 15$ depending on how the overall market performs. holding all significant support, looking to break resistance soon.
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...
Z1P broke out strongly last week as expected and was got rejected immediately when it reached its previous Resistance Zone of $8.30 - $8.50. Currently it is hovering between the range of $7.00 - $7.70. I think we could see a bit of consolidation before it continues going higher. I think the best level of Support is around $6.60 - $6.70, which is the Trendline...
✔ Facebook Partnership ✔ Ebay Partnership ✔ Harvey Norman Partnership Holding above the 200 Daily MA Z1P prepares to break out above resistance. Z1P recently announced a SPP (share purchase plan) @ $5.34 per share. Ending on the 13th of Jan, the SPP may lead to a sell off as the current price is 3.8% above the offer. Long term growth remains promising - BreadCharts
Z1P was once a payment darling just next to ASX:APT . But ever since the spark in Aug, its stock price has been consolidating down to $5 range. On the chart, it's fairly confirmed they have strong support at $5 range, and now they are issuing a public offering with issue price under the SPP is $5.29 per share, which encourages me to take a more bullish view...