Rotuma

ZIP bounces back at the critical support level around 6.90

ASX:ZIP   ZIP CO LIMITED..
Share prices fell from previous highs at 8.34 but seem to have reacted to support level at 6.90 in the H1 time frame as highlighted by the indicator. Share prices have also fallen to around the bottom of the price channel and will need to maintain trading activities within the price channel to head back up.

The critical support levels to watch are at 6.90, 6.50, 6.25, 5.84, and 5.44. The current price targets to the upside are around 7.13, 7.54, 7.95, and 8.34

The current critical support and resistance estimates on the price chart are based on my indicator, predicting future price movements based on price action.

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