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Descending triangle consolidation
ZIP CO LIMITED..
Long
Descending triangle consolidation
By Bambamboozal
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Updated
Mar 2, 2021
3
Mar 1, 2021
The peaks and troughs are getting narrower. This is indicating a continuation of the major trend.
Mar 2, 2021
Note
Purchased at $11.190
Mar 2, 2021
Note
Got greedy and purchased too early. The hourly charts suggest the price will continue to fall today before gathering momentum.
Mar 5, 2021
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Well this is unfortunate. Down to $9.30. Every tech stock is significantly down. Nasdaq at a 3 month low relating to rise in treasury bond yields.
Triangle
Bambamboozal
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