I took this Fractal from Z1P's previous trading history and it has a very similar pattern that happens over and over again.
If this plays out to approximately around September, there could be a 250% move in the coming months if your average is around the $6-$7 level.
Z1P is the most heavily traded stock on the ASX and currently is falling due to the recent news of Apple pay & Paypal.
This would increase the shorts in Z1P temporarily but when prices become low enough to create demand, this could set up for a perfect short squeeze along with the coming announcements.
Nasdaq looks like it still has a bit more juice in the tank to move forward in the coming months as well.
Let's see if this plays out.
Manage your risk accordingly
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