Z1P & APT Prediction Competition

[Boggo]

Just got back today from NZ and trying to catch what is happening here.

A quick glance at a few charts of each (both a bit erratic imo) but my

APT $44.10
Z1P $6.20

 

[frugal.rock]

If the frog or the dog win, I will not be unhappy.

or the Bog...
I will not be unhappy either

 

[barney]

or the Bog...
I will not be unhappy either

Both Stocks on the move again today!!

(Competition Entries still open till Australia Day 26th January.)

 

[fergee]

or the Bog...
I will not be unhappy either

I won't be happy if I win
Unless I have some spare capital to mop up some bargains

 

[frugal.rock]

I won't be happy if I win
Unless I have some spare capital to mop up some bargains

You can change your entries until the closing date?!
(IMO for what it's worth, my entry for zip is based on the price falling after a zip up...see what I did there?!)

Bit of an important day for Z1P.
Jumped over 8% yesterday on the back of the rising market to close on 4.02 with the largest daily volume since early November, will be interesting to see if it holds above today. Somewhat uncharted territory now.
I was out yesterday at 3.94 (standing order) and 3.98, hoping for a suitable retrace but, if it gets past 4.10 with some momentum, well, zip has a habit of 50c main stops if history repeats... FOMO will present itself for a re-entry!
Starting to look like a contender for the January comp finally! Cheers.
F.Rock

 

[frugal.rock]

I note,
Afterpay in 3rd place in the January comp, up ~25%,
with Z1P in 5th place up ~15%
for the month, thus far....
Afterpay is really zipping along!
F.Rock

 

[fergee]

You can change your entries until the closing date?!
(IMO for what it's worth, my entry for zip is based on the price falling after a zip up...see what I did there?!)

Bit of an important day for Z1P.
Jumped over 8% yesterday on the back of the rising market to close on 4.02 with the largest daily volume since early November, will be interesting to see if it holds above today. Somewhat uncharted territory now.
I was out yesterday at 3.94 (standing order) and 3.98, hoping for a suitable retrace but, if it gets past 4.10 with some momentum, well, zip has a habit of 50c main stops if history repeats... FOMO will present itself for a re-entry!
Starting to look like a contender for the January comp finally! Cheers.
F.Rock

Yean na I think I will stick with my original guess(thesis) on this one, cheers any way though

 

[barney]

Yean na I think I will stick with my original guess(thesis) on this one, cheers any way though

Yeah, me too. I'm happy to run last in the comp …. If you chaps holding make a motza as the SP's goes through the roof, then everyone is happy!

 

[fergee]

$4.16 looked like an ideal place to enter a short trade on Z1P. A clear break on the daily of the two trend lines would negate that thesis. Downside target1 $3~, SL $4.50. I am not taking this trade. I just wanted to point out the potential here for a downside move coming in the near term.

 

[barney]

Entries at the "official" start of the comp. I will update each week.

Winner will be the entry that is closest to zero percent on the close date. If we called it today @MovingAverage would have smashed it out of the park closely followed by @Austwide and @Zaxon

Long way to go however … should be interesting. thanks @frugal.rock for stumping up the prizes and good luck to everyone … especially those that hold the Stock in the real world

 

[frugal.rock]

View attachment 99959$4.16 looked like an ideal place to enter a short trade on Z1P. A clear break on the daily of the two trend lines would negate that thesis. Downside target1 $3~, SL $4.50. I am not taking this trade. I just wanted to point out the potential here for a downside move coming in the near term.

Interesting theory for the downside target level....
Hoping we don't see that level again?! Or at least, hope I am ready for it.
The daily chart indicates that there has been higher lows and higher highs over the last week on rising volume.
Support appears to have caught up to current levels, and IMO has been consolidating around the $4 mark and in my mind, not showing enough weakness for a retrace,
it's still quite bullish!... however, yes, that can turn at the drop of a hat, ie bad market sector day, no reason, insto's, algo's etc.
a short trade on zip belongs in the very high risk category at the moment!
F.Rock

 

[fergee]

Interesting theory for the downside target level....
Hoping we don't see that level again?! Or at least, hope I am ready for it.
The daily chart indicates that there has been higher lows and higher highs over the last week on rising volume.
Support appears to have caught up to current levels, and IMO has been consolidating around the $4 mark and in my mind, not showing enough weakness for a retrace,
it's still quite bullish!... however, yes, that can turn at the drop of a hat, ie bad market sector day, no reason, insto's, algo's etc.
a short trade on zip belongs in the very high risk category at the moment!
F.Rock

Hey could be wrong and I often am....lets watch and see, GL to all holders

 

[MovingAverage]

Entries at the "official" start of the comp. I will update each week.

Winner will be the entry that is closest to zero percent on the close date. If we called it today @MovingAverage would have smashed it out of the park closely followed by @Austwide and @Zaxon

Long way to go however … should be interesting. thanks @frugal.rock for stumping up the prizes and good luck to everyone … especially those that hold the Stock in the real world

View attachment 99970

This is a fun comp and will be interesting to watch these stocks over the coming months. Good luck all.

 

[tech/a]

Z1P is exhibiting a similar pattern to APT
One I Like
This may alter the technical out look on the stock.
I will re visit later in the week.

 

[qldfrog]

All our thinking might change radically if the virus develops..no market would stay unaffected

 

[tech/a]

Discretionary Technical analysis is Dynamic.
As a chart along with some volume and patterns develop
Analysis going forward can and does change.

Not good for long term competitions where discretion cannot be exercised.

 

[barney]

$4.16 looked like an ideal place to enter a short trade on Z1P.

Looking like a pretty fair call so far today Fergee. Both Stocks suffering in today's sell off.

 

[frugal.rock]

Looking like a pretty fair call so far today Fergee. Both Stocks suffering in today's sell off.

Thanks sars.
As SARS isn't going away overnight, could be a bloodbath week.
Wish the bloomin market would get its timing right...! Or is it me...
F.Rock

 

[frugal.rock]

How's that short trade plan working out for you @fergee ?
Hoping you got out yesterday?
Are you thinking of lowering your 4.50 SL ?
All in fun!
F.Rock

 

[fergee]

How's that short trade plan working out for you @fergee ?
Hoping you got out yesterday?
Are you thinking of lowering your 4.50 SL ?
All in fun!
F.Rock

Ha all good man I saw the gap got closed today.

I didn't take the trade, as I said in my post, but that's where I would have taken it if I had some spare capital. Kind of playing devils advocate a bit too here as the sentiment around Z1P feels very high right now imho

$4.50 would have been my max SL but I would be exiting if the SP closed above the old up trend line and the horizontal resistance, around the $4.25 area, $3 downside target. R:R 1:2

It aint over till the fat lady sings either

Trade safe & GL to all Z1P holders