ZIM has gone squeezed over $18 in the last week and is now in overbought zone.
I expect it to retract to around $13.5 and that after the earnings and the new guidance to shoot back over $25
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The guidance at the ER is pretty bad. I expect a minimum retracement to $14, but $12.5 and $9 a quite possible.
Needs to be followed
Trend Analysis

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