ZIP CO LIMITED..Short
Z1P Broken Trend
As said in my previous chart i have been riding Z1P since the $2.07 mark, watching to see if we bounced of the trend after breaking through the middle bollinger and the short term trend. as you can see to me Z1P has gone to bearish with RSI falling below 50, and a MACD cross on the Daily. we should see a bounce up to the trend line of the bottom bollinger before continuing its move down to the longer term trend.
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