ZIP CO LIMITED..Long
Z1P bounces off 200EMA
Z1P has bounced off the 200EMA and has had a controlled consolidation over the last 3 days. The MACD has crossed on the hourly, but i want to see the 20 and 43EMA's cross to confirm a reversal. Ive taken a position with a stop loss at 6.95.
I have also taken a position due to it coming to christmas and fundamentals say that people will start spending more.
I have also taken a position due to it coming to christmas and fundamentals say that people will start spending more.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.