I 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**
Different Entry Opportunities Depending on the breakdown
$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!
strong resistance 82c, weak support 75c at double bottom but downward momentum is strong and persistent
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
If it can follow in the footsteps of the success of rival APT, this should do very well.
For 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...