Z1P was once a payment darling just next to $ASX:APT. But ever since the spark in Aug, its stock price has been consolidating down to $5 range. On the chart, it's fairly confirmed they have strong support at $5 range, and now they are issuing a public offering with issue price under the SPP is $5.29 per share, which encourages me to take a more bullish view on them with very good risk reward ratio.
I will try to build some position @$5.7 with stop loss at $5.28, looking for a breakthru @$6.5 in 1 month, pending other catalysts to pump its price back to $7.50 range.
Nota
Target achieved in 1 week...rather than 1 month
Disclaimer : Stocks, Tool and website mentioned on this website is for pure fun and informational purposes. They do not constitute investment advice, should not be used as the basis for any investment decisions.
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Disclaimer : Stocks, Tool and website mentioned on this website is for pure fun and informational purposes. They do not constitute investment advice, should not be used as the basis for any investment decisions.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.