katabelle13

Zip could drop to below $4

Short
ASX:ZIP   ZIP CO LIMITED..
Zip seems to be fading. Broke out of the wedge to the upside but no follow through. Now holding on by it's teeth to $5.11. If it looses support at the recent lows of $5.03 then it's all the way down to $3.56 where it found previous support/resistance and to close a large gap. For those who hold this stock, lets hope the Christmas rally brings this stock more cheer and pushes the price up above $5.50!
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