The interesting situation at 24.49, the price is using this level as a support, and it seems compressed between level 26.81 and 22.12, if the price will broke above Area 1 we will have a good chance to see a little uptrend before a second drop. Let's see, my vision is still short.
Due to the volatility, I decided to close the position and take the profit at home. The price reaches a level that is very interesting and it seems to be using it as support, let's if the price will break to create a new trend and go up or continue the downtrend. My vison is still short, but...
NYSE:ZIM I see ZIM stock fallowing Baltic Dry Index with a lag. As we observe a bounce in BDI we can expect the same in ZIM stock price. From a technical point of view the same thing. We are now in wave 5 of an impulse wave down. which could also be done. So from wave analysis point of view we can expect a correction up, most likely to the minor...
This stock has a clear downward trend with the next support at around $28.16. Many are trapped in the $49.61 range. So, once it touches the $28.16 range, if it puts in a box to set up a stage one there with support we could see a potential long back towards the $49.61 range. The RSI indicators show that it is oversold and the MACD shows that it is ready for the...
ZIM Integrated Shipping Services Ltd. ( NYSE:ZIM ) Sector: Transportation (Marine Shipping) Market Capitalization: 4.408B Current Price: $36.09 Breakdown Price: $33.90 Sell Zone (Top/Bottom Range): $40.75-$51.80 Price Target: $19.50-$15.80 Estimated Duration to Target: 86-91d Contract of Interest: $ZIM 12/16/22 30p Trade price as of publish date: $2.50/contract
Double top, gap and go, breaking support, IF ZIM closes below here, it could get really ugly. I got a short set up on a retest...
BA is breaking down and setting up for a powerful move lower. Biden has essentially declared war on shipping companies for hiking prices post-COVID and has threatened to lower prices by executive order. This was all the bulls needed to head for the exits and take their profits after a strong run in 2022. Relative strength has broken down over the last 2 weeks as...
ZIM is breaking down and likely heading much lower. The stock has been a market leader in 2022 along with other shipping stocks. Profits are up triple digits after shippers realized they could 10X their rates to transport cargo containers after the pandemic. The White House has essentially declared war on these companies and institutional investors are heading...
With economy going into recession (most likely), shipping services will not be as required as they were during the pandemic. That said, ZIM took a lot of value during the pandemic. Now that it is over, and adding that inflation is super high, gas prices through the roof, shipping services will not be as popular over the next few months, years as they were. So...
ZİM İntegrated shipping have a great revenue, income, P/E. They pays dividends normally $2.50 for per share, and the paid $17 one time. Normally big companies pays about 1%-5% dividends per year. In this case if buy ZIM (if the price will be stable at currents) you will get 33% dividends and after 3 years you will get your invested money back, or ZIM integrated...
Watch for ZIM to close above the strong trendline it's been following since inception, otherwise implications are more downside. Rejected twice now, expecting a move to more downside , first PT $48 I'm long JUN PUTS I was very long ZIM but had to see once broke $70s and stop was triggered.
BOUGHT 1/4 position pull back buy. 120@66.75 --> 1.5% position. Overall exposure now @32.8% Stop 62.15 Risk:6.9% Shippers are holding nicely and look like they want to go higher. Opportunity here to start a position.
ZIM just broke the bottom trendline in the daily chart with heavy volume. I think we will see the price drop further towards $51 then bound back to near $75. So potentially we have chances for a swing short down then a swing long up here.
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
#ZIM over the last 3 days is clearly showing on the VP that people are buying what they see as a potential leg up area due to the POC being shown at the top of the last three trading days price action, looking at other indicators for sense of direction we see the 8ma making a move crossed over the 21 ema signaling a bullish sentiment on the daily chart which...
Nice bounce and support setting. Should hit $100 with technical and macro indicators pointing higher.
ZIMI entering extreme support zone, could be stuck in consolidation faze for a while so its better to wait for clear breakout! long trigger at 55.63, short trigger 40.57