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ZIP

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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ZIP

Hello MM, On the 23.3.24 you replied to a question from Wayne about ZIP. So, considering that answer now do you consider ZIP a buy??

Answer

Hi Gregory,

From a trade location perspective, our optimum entry into ZIP would be on another dip below $1.20 i.e. a 3-wave pullback setting up a good risk/reward buy. Alternatively, accumulating into weakness is often the best approach in such a volatile name. Here’s what we wrote to Wayne for those interested. 

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Zip Co Ltd (ZIP)
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