Z1P $7 LIKELY...
(ASX:Z1P) Zip Co Limited offers point-of-sale credit and payment solutions to customers and providing a variety of integrated Retail Finance solutions to merchants across numerous industries, both online and in-store.
x2 Scenarios 1 Long, 1 Short
1.) Bull Flag/Broken Descending Channel Aim for $6.80
- Broken Descending Channel
- Bounce off .382 Fib Retracement
- MACD Cross & Spread 4HR
- RSI Neutral (Trending Up)
- Bullish Market Structure Created
- Long Term Uptrend respected
- 2.7:1 Risk Reward
2.) 'Potential Descending Triangle', Break Support, Fill the GAP
- Head & Shoulders Completes creating change in Market Structure (LINE Bar Style)
- OPEN GAP between $3.75 - $4.75
- Looking for a bounce once OPEN GAP fills
I am interested to see what happens to Price once EOFY Reports start to surface.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
x2 Scenarios 1 Long, 1 Short
1.) Bull Flag/Broken Descending Channel Aim for $6.80
- Broken Descending Channel
- Bounce off .382 Fib Retracement
- MACD Cross & Spread 4HR
- RSI Neutral (Trending Up)
- Bullish Market Structure Created
- Long Term Uptrend respected
- 2.7:1 Risk Reward
2.) 'Potential Descending Triangle', Break Support, Fill the GAP
- Head & Shoulders Completes creating change in Market Structure (LINE Bar Style)
- OPEN GAP between $3.75 - $4.75
- Looking for a bounce once OPEN GAP fills
I am interested to see what happens to Price once EOFY Reports start to surface.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
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