Broker data update for ZIP
I'll start with the chart showing accumulation by investment banks. This is a custom broker group that I use as an indicator. The group includes the following brokers: Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS.
As you can see, investment banks collectively started to reduce their position after April 4. I personally see it as a strong indicator.
Over the past week I've analysed dozens of companies and there's a clear shift in many stocks - you can see that smart money started to shift from more risky to less risky defensive equities. Plus gold miners of course.
The price is also near a fallen trendline - ideal place to short.
Here is detailed broker data from April 4
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 (20min delay)
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Last
$1.58 |
Change
0.065(4.30%) |
Mkt cap ! $2.056B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.54 | $29.20M | 18.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104740 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 118057 | 11 |
View Market Depth
| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |