The downtrend was halted by a high volume absorption pin bar, and supply has diminished significantly ever since. The last two candles consists of a giant bear bar with no follow through, followed by a Super high volume doji. A head and shoulder pattern has formed with the said pinbar been the left shoulder. For now there is a large rsi divergence and rising momentum
ZIM and the shipping industry has just come out of a massive bubble and all shipping lines are finding their feet. ZIM made earnings last quarter which was one of the roughest yet.. the recent GRI of around $600/FEU Trans-Pac should put carriers back into the green and they will try their best to hold rates around this level via blank sailings and volume control....
Quintessential rounded bottom formation. Breakout target to ~ 28, subsequent pull back to break out trendline. This pattern is a tread reversal hallmark. It will make a fantastic swing trade if it plays out, but an even better long term investment. Not financial advice.
ZIM has run through a perfect tailwind momentum, increasing its revenues from roughly 3B to around 10B due to the supply chain disruption and energy situation in Europe / Asia. Assuming its revenues will drop back to 4B, the company might still be profitable and the valuations could look attractive. If the company manages a better than expected EPS and better...
NYSE:ZIM LONG Idea based cup and handle bullish formation coming out of a nice base after a MAJOR downtrend break.
Based on the price movement this looks like "cup and handle" NYSE:ZIM to me
Will ZIM Ship Up? ZIM has a falling wedge pattern on the daily timeframe! A cup was also identified inside of the falling wedge pattern. The stock looks prime for a move to the upside after we form a handle to the cup that formed just under the daily resistance line. I expect a handle to form in confluence with price rejection at the trendline. The...
Here's a trade setup I've been waiting for to get ripe for a while. ZIM: the dividend IPO pump n dump darling. It has some ridiculous fundamentals with currently a book/share of 48.4 and a cash/share of 26.12 along with a crazy 166% dividend: finviz.com It has been following this linear regression trend on the way down, just as well as on the way up. And now it...
During the last part of the year already passed, we saw a downward trend of this stock. Many factors can associate with this downward trend, such as the decrease in demand for the transport of goods between Europe, USA, and China, and the news of the coming recession had led to the bear trend of this stock and its fall. Now the interest on this stock seems to be...
1) Cash flows can sufficiently cover interest payments 2) Prominent player in the Marine industry 3) Strong return over the last five years 4) Trading at a low Price / Book multiple 5) We shall change in price structure, at the moment follows downtrend
ZIM Integrated Shipping Services Ltd - provides comprehensive logistics services, the main business is container shipping TOTAL RANKS SCORE - 74 % 🟢 Fundamentally, at the moment, the stock looks more interesting than 74% of similar companies. Let's figure out what's what. ⁉️ RANKS FINANCE SCORE - 97 % 📍Return on invested capital is 74%, Net Profit margin...
ZIM Integrated Shipping Services Ltd. engages in the provision of shipping and logistics services. It offers shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. ZIM has a STRONG quantitative fundamental score (Greater than 7) with great analyst prospects (Strong Buy and Hold ratings)....
$ZIM is in for a long 3 quarters with global freight rates in the gutter but after a 75% move down and a really nice reaction to the last major level ($18-19) the major HTF bull div has a shot at playing out. Specifically with wall-street running away as the massive dividend is likely to be cut in Q1 (who cares) The main thing to consider is if this is a hold or...
Good Technical and Fundamental ( Earngings ) So Target 52.75 Duration 1 to 5 months.........
ZIM is a logistics company, one of the top global carriers. Given the fundamentals and insane dividends I would hold this stock forever, or at least till when it reaches 5x of today's value. If nothing changes, I am doing exactly this. Market cap - 7.9B Revenue - 10.73B Income - 4.64B Assets - 9.84B Operating cash flow - 5.81B
it seems that the price is in a channel between 2-level prices of 26.78 and 22.29, it seems is in the phase of accumulation.
The price reaches a level of 24.40 and starts to use as resistance, there is a high probability that will bounce be fore will drop again. My vision is still Short.
ZIM is offering a crazy dividend. But you'll have to enjoy a choppy ride downhill.