A company building the platform to launch the next leg higher

Potential Buy Entry Alert Z1P

Time Frame : Daily/Weekly

Sector : Diversified Financials/Digital Retail Finance

Key Stats : $255.65 Million Market Cap, VWAP 0.885, ASX Ranking 492

 

Z1P – Zip Co Limited

Z1P started the year with a bang and rocketed higher above the dollar mark on good news flow but then proceeded to give up most of its gains as traders locked in a quick buck. We now see a higher low building dragging in new buyers at higher levels as the platform builds for a new leg higher. We are now watching for a higher low to build for the buy entry setup.

 

Stock Code : Z1P – Zip Co Limited

Company Website : www.zipmoneylimited.com.au

Current Price : 0.905

Status : On watch for higher low buy entry setup