ZIM Integrated Shipping Servies Most Asymmetrical Trade of 2022?I this video I explain why I think that Zim Integrated Shipping Services might be one of the most asymmetrical trades of 2022.
ZIM trade ideas
$ZIM - The Dip is BuyableFairly simple play this time round!
Solid company, sitting at a solid level of support. I'm entering a long swing here targeting 60$.
Stoploss is at 51.30. Let's see how this plays out! One thing to consider is that we've got a dividend coming up as well, so we'll get to collect a premium in the process!
$ZIM INSIDE CHANNEL$ZIM looked to be holding inside channel with upcoming dividends close ~5% at current prices.
ZIM ready to go higher?* Relatively new company
* 3 out of 4 earning reports were great
* Strong up trend
* High 3-month relative strength in the Industrial sector
* Pays dividends very generously
* Increase in institutional interest
* Breaking out of a 15 week base forming a cup and handle pattern
* Depth of the cup is ~24.8%
* Breaking out with higher than the 15 day average volume
* $57.54 should serve as support moving forward
Trade Idea:
* Now's a great time to enter as the markets seem to be recovering and the sector seems to be doing well also.
* The price is very close to the broken level
$ZIM Daily Bullish Divergence RSIZIM Daily looks ready for a move to the upside, respecting the 50EMA so far with RSI bullish divergence , decreasing volume, and a nice ER beat.
I'm long commons and wanting a move to first PT $60 then ATHs ... I'm bias as I'm super bullish on the shipping , logistics, and container space.
Also a dividend ;)
$ZIM Still in Focus This Week$ZIM 3 months coup with handle still in focus heading into this week. The action on Friday did nothing but shake out intra-day traders. All last week trading is now "coiled" into Monday candle
Ideal setup is 4 an inside day right below that high and come out Tuesday (orange bars)
$ZIM 3 Months Cup with Handle$ZIM holding up very well so far and now morphing into a 3 months cup with handle setup.
Worth keeping an eye on as it hasn't done anything wrong since earning except continuing to tighten up.
$ZIM Pullback Setup$ZIM is back 2 that $53 & finding support @ 21 EMA. It put in 4 10 day pocket pivots on huge vol post earning. It has since pulled back w/ the market.
Looking 4 it 2 stabilize around 21 EMA & thrust back upwards (orange bars). This will also allow the 50MA 2 turn up (blue line)
ZIM enters an unaccepted areaZIM is heading above the $56 line and enters an in the past unaccepted area. This will welcome a lot of short sellers and maybe give ZIM a heavy pullback.
$ZIM building its right side of the basei'm adding $ZIM to the watch list after its earning report action today. Nice pivot at that $50.50
If it goes tomorrow, its too big of a stop loss to manage. Would like it to stay inside this week and make a run for it next week (orange bars)
ZIM- Rectangle pattern break outZIM - Coming out from consolidation - Rectangle break out.
MACD - Curling and Bullish.
$ZIM LongLong term still long AF on ZIM but it seems we have gone up too fast for a traditional stock and rejected all time highs.
I see a short term correction based on MACD and RSI needing a cool off..
Dips continue to be for buying until something changes on a macro level so I am looking to long support around $44.
Freight market insight
www.nytimes.com
www.reuters.com
ZIM short term setup before BreakoutShort term downtrend setup for a cup and handle breakout.
Also possible W setup if price action breaks the lowest support line.
Company shows great fundamentals + rising Freight index.
ZIM short term setup before Breakout Short term downtrend setup for a cup and handle breakout.
Also possible W setup if price action breaks the lowest support line.
Company shows great fundamentals + rising Freight index.
$ZIM close to breakout$ZIM seems very close to breakout.
We open a position today on the pull back due to dividend with a very well positionned SL.
Earning report figures are amazing (EPS +999% / Sales +200% with acceleration).
The consolidation cup pattern lasted 9 weeks and there is a strong shelf volume to support the stock.
ZIM is a long / holdThis is an update on my long up almost 50% and climbing.. resistance at ATH $49.50 next, then baby resistance at $52ish, then open air to run!
People are now paying $30,000/container this shit is insane - they are gonna crush earnings until the market corrects which is looking like never haha
ZIM New stock breaking outI really don't know much about the company this analysis is purely technical!
The play is very simple here as you can see there are three indicators here that make this stock likable:
1. There has been clear change of trend in the RSI.
2. On back of significant volume two days ago the stock broke through 47.30 level resistance.
3. Clear uptrend with higher lows bull flag is very bullish.
Word of caution: Breakout setup can fail! Always have a tight stop and in case you get stopped out it is OK, good stocks tend to retest resistance in a shortly you can try again!
I haven't been posting recently, let me know what you think should I keep the coming?
Best,
Ali
$ZIMentry 6/25
already out, failed breakout
let's see if this holds 43
this might try to breakout again later
$ZIM Box SetupLots of trader's eyes on this one. Setting up a box long entry. I like the pullback today. Stock was wedging up into resistance and potentially now working on correcting that flaw before breaking higher. Learn to spot these "wedged" flawed setups & be patient until they correct.
Ascending channelVery easy trade on this one.
We clearly see huge volume trying to save it from not falling out of the channel today.
Possible target: $47
Stop loss: $39
For self-education use only. Not financial advice.
