Buyers lift price to trigger the buy entry level

Z1P has kicked higher through resistance to trigger the Buy Entry Level at 3.59 so the alert is now active. The Stop Loss is held at 3.30 and the current price is trading at 3.67.

Alert History

Original Buy Entry Alert 3/09/19

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