I'm bullish on shipping sector and love the price action on ZIM, follows trend line and nice VCP patter (volatility contraction pattern)
Not much downside in the name either with other tickers down pretty big - RELATIVE STRENGTH !
PLUS
Dividend !
I like the R/R starting a position here with a stop loss just below the breakout level !
Not much downside in the name either with other tickers down pretty big - RELATIVE STRENGTH !
PLUS
Dividend !
I like the R/R starting a position here with a stop loss just below the breakout level !