Z1P 0.28% $7.12 zip co limited.

Daily Price Movement / General Discussion, page-29155

  1. 4,979 Posts.
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    the TA suggests we were due for a bounce at between $7-$7.50 but missed and continued the downtrend

    As I have always said, seldom does the TA work on extremely volatile BNPL growth/tech stocks, as too many variables and sensitivities to catalysts (macro, micro, geopolitical, etc)

    to the contrary however, one would assume based on the face value of the pattern, that at any given point we are due for a re-rate back up.

    the issue is, as above, without a catalyst, and with the % short interest and current sentiment, it could just as easily keep trending down.

    I am not accumulating until very low $6s if it gets there, otherwise on the turn

    my opinion only, dyor
    Last edited by AlphaX: 17/09/21
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