I took this Fractal from Z1P's previous trading history and it has a very similar pattern that happens over and over again.
If this plays out to approximately around September, there could be a 250% move in the coming months if your average is around the $6-$7 level.
Z1P is the most heavily traded stock on the ASX and currently is falling due to the recent news of Apple pay & Paypal.
This would increase the shorts in Z1P temporarily but when prices become low enough to create demand, this could set up for a perfect short squeeze along with the coming announcements.
Nasdaq looks like it still has a bit more juice in the tank to move forward in the coming months as well.
Let's see if this plays out.
Manage your risk accordingly
If this plays out to approximately around September, there could be a 250% move in the coming months if your average is around the $6-$7 level.
Z1P is the most heavily traded stock on the ASX and currently is falling due to the recent news of Apple pay & Paypal.
This would increase the shorts in Z1P temporarily but when prices become low enough to create demand, this could set up for a perfect short squeeze along with the coming announcements.
Nasdaq looks like it still has a bit more juice in the tank to move forward in the coming months as well.
Let's see if this plays out.
Manage your risk accordingly