Buyers are holding highs and ready for the charge higher

New Buy Entry Alert Z1P

Time Frame : Daily/Weekly

Sector : Diversified Financials

Key Stats : $1.21 Billion Market Cap, VWAP 3.483, ASX Ranking 220, 4 Week Av Turnover $9,001,705, Current Turnover (Intraday as at time of alert) $.

Company Overview : Zip Co Limited (Z1P, formerly Zipmoney Ltd) operates in financial products and payment solutions to consumers, and providing a variety of integrated solutions to small, medium and enterprise merchants across numerous industries, both online and in-store. Company operates in Australia and New Zealand.

Broker Consensus : BUY

Z1P – ZIP Co Limited

Z1P is consolidating between 3.40 and 3.60 after a clean out lower through 2.90 to put some late buyers on the sidelines. We are happy to buy on a push up through 3.59 with a stop loss at 3.30. If price falls through 3.30 prior to entry, then we will cancel the alert and re-assess the action.

Stock Code : Z1P – ZIP Co Limited

Company Website : www.zip.co

Current Price : 3.50

New Potential Buy Entry (Trigger Level) : 3.59

Potential Sell Exit Zone (Stop Loss) : 3.30

Status : On watch for Buy Entry Trigger