ZIP trade ideas
Z1P LONG Term Possibilities With Zippay's current trajectory things are looking good for the next 3 months. I could only speculate a likely range of -10% - +25% within this period. The company recently launched in New Zealand which opens up the company to a new range of consumers/users. However, I don't believe that the company will grow any further than Oceania in this 3 month period, maybe within a 2 year period, but considering Afterpay's international domination it doesn't appear to be a likely move for the company. Who knows though? Especially me so... yeah. Hope this was helpful any feedback I am totally open for.
Z1P BREAKOUT SUPER SKUXX, why am i shouting?On the 20th of May we saw Z1P getting absolutely munted. Could this happen again? Averages present the fact that we could see a shorting opportunity but within the next month we could see another significant increase.
Just be aware guys that my usrname is losing money for a reason. Don't go by my word at all im literally a noob at trading with zero rep. feedback appreciated.
Z1P pause before continuation to trend.Z1P looks like it is having a pause here at its support, i still feel we will continue down to the trend line at least before continuing up again. As you all know im very bullish on Z1P long term, this is not a bad thing to see this parabolic come back to reality a bit.
Future proofing what i see again for z1pLocking in a 2nd proof of concept to keep myself accountable again, the original cup and handle played well now waiting for a correction and some consolidation before looking at a new entry.
Z1P Broken TrendAs 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.
Z1P Possible breakdownits been a pretty crazy run for Z1P of late, I'm hoping it can hold this line, otherwise will be looking at a break down to the $2.60 possibly the $2.50, also seems to have a ascending wedge forming on the daily. MACD also indicating bearishness. will be watching closely and monitoring my stops..
Short Z1PDue to oversees market its risk off for me and the financial sector is a cyclical sector, this is why i'm looking to short Z1P just due extend price action looking to dip back to 13 EMA if possible. On the daily and the weekly it is on a uptrend far from it's EMA, looking to counter trend this stock and also it's over it's RSI of 70.
z1p blowoff top {parabolic top} short!similar to SPT back in march, expecting a pullback. overbought on many inidcators
ZIP exhaustion gapIt looks like Z1P has hit an exhaustion gap usually this a bearish indication waiting for a new fall to confirm that we are falling to 1.9 to 2
Z1P take profit!In my humble opinion we have entered a parabolic section on Z1P. looking at exiting at $1.535 for a few reason with a pull back to the 61.8% level!
Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI
All of these signals make it to tantalizing to pass up!
looking at an take profit exit and then a swing down entry for 1 last long!
Stay Vigilant
Good luck & happy trading homies!
DYOR!
$Z1P - Starting to run up on the Bunnings announcementDidn't spot this one as the market didn't react when the Bunnings announcement broke, but was reviewed on the YourMoney show and analysts are very bullish predicting mid to high $1.50+ type marks and believe it a better business model than AfterPay and less regulatory scrutiny.
From when I was in Retail we never liked to be first market mover on new tech, so always liked it when companies of a similar size did a deal and presumably all the due diligence. Always made the secondary sale a much easier decision to sign off on. Hopefully will open more doors for Z1P and drive more business and revenues.
I got in at .95. Lets see where it goes.
Zip Co Limited, formerly zipMoney Limited, offers point-of-sale credit and digital payment services to consumers and merchants. The Company provides a range of integrated Retail Finance solutions to small, medium and enterprise businesses across various industries, both online and in-store. The Company offers its services primarily to the retail, education, health and travel industries. Its products include zipMoney and zipPay. zipMoney is classified as a continuing line of credit and generally applied to various ticket purchases where a promotional interest-free period is applied, between 6 to 24 months. zipPay is a no interest ever digital shopping account and generally applied to various ticket purchases, such as fashion, accessories, food and hospitality. It supports prime, near prime and emerging prime borrowers by providing those customers with a revolving unsecured line of credit to finance their transactions.
Z1P 1hr ChartI would be looking to enter around 1.02 (laddering in from 1.03)
Stop loss @ 0.97 (or even @ 0.98 for a tighter stop)
Profit Targets: 1.13, 1.16, 1.19, 1.22, 1.235
If price breaks below 0.95 I would not want to be in z1p for the short term.
**DO YOUR OWN RESEARCH**
$Z1P.ASX - Daily, Retest successful, took a position aiming $1.8$Z1P.ASX - Daily, Retest successful, I missed the initial move but imo chart is looking much better now..
FA wise, strong growth in the retail payment plan space... took a position aiming $1.8...Let's see
GL!
Z1P ASXI see a bear flag on the daily which normally break down. A candle closing convincingly above the green line above the channel would discount this downward movement. Sorry Z1P
big resistance 82c, 45c in sight, maddoff was 50 strong resistance 82c, weak support 75c at double bottom but downward momentum is strong and persistent
Downgrade Zipmoney to Sell, Price Target 20c (not advice)Looks like bankers got greedy again, bigshort 2.0.
A short for any season, fuck winter(s), come to sunny cali
yield @ 17% = no profit when costs are 15% +
simple math :
$300m > 17 -15
especially when the markets expecting 20-25
Earnings Due Soon, Zip Money on watch for new highsIf it can follow in the footsteps of the success of rival APT, this should do very well.
100% return in one monthFor someone who doesn't know RT indicator:
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. Z1P.AX has a Relative Timing of 1.99, which is excellent on a scale of 0.00 to 2.00.
Z1P.AX has done very well since the last crossovers near 28 Dec 2017: WMA (10&30), DPO, MACD. The value of RT hit 1.99 on yesterday.
If the price today closed higher than the last closed price. Z1P will have a higher chance to reach the resistance line of the blue channel.
Please note that RT = 1.99 is considered overbought, and RSI = 89 at this moment.
As OBV rising, I won't consider too much on overbought. A target of 1.35 is reachable in the next few days. Therefore a return of 100% in 1 month is reachable.
