WOW WHAT DID I MISS
$ZIM Integrated Shipping Services Ltd.(ZIM)$
So if you have never heard of zim, well no surprise, I have holdings, granted small ones, but it has had some insane dividends in the past. At one point over 100% dividend yield.
So its a very very large shipping company thats been round a long long time, listed on the US stock exchange for a few years now, financials are, hmmm difficult to get to the bottom off, especially the IPO ones. Based in Israel, yes i know, but lets not go there please.
Anyway, to my point. It was like 0.1% of my portfolio a week ago, annual announcements came out this week 2% reductions In revenue for the foreseeable future was all i read then quite frankly I moved on. But to be fair i did spend alot of time getting to know this company. And @Barcode what do your tech analysis skills tell you about it.
I mean seriously it owes me nothing, but its just surprised me last week, well today actually. to be fair, im now reading my notes, the biggest point is... and my emotional perception "ceo gets a very small salary comparatively, makes his money by issuing dividends".
So I guess its not a stock that always surprises me, but im just surprised. its on my yeh nah radar, but i made some coin, now... im probably going to defcon 3 on this pup, cause something is up. I just see a potential opportunity. POTENTIAL! Not real. Let's explore together, do you know this stock, please comment, share, let's sort it together girls and boys.
Ill have more details and facts tomorrow, live long and prosper
Modify on 2024-05-26 09:30
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But barcode even though I discount some investment techniques, it is too your credit melady i must say having suffered the swings and falling knives of outrageous fortune, i must take up arms against a stockmarket of troubles, an by opposing end them.
ZIM’s stock has been on an interesting trajectory. Over the past six weeks, the stock has experienced a significant rally, reflecting investor optimism fueled by rising global shipping rates and high dividend expectations. As of the latest close, ZIM’s stock was trading at $21.04, showing an 8.40% increase. This upward movement is indicative of bullish sentiment in the market.
Volume Analysis:
Recent trading volumes have been above average, indicating strong investor interest and confidence in ZIM. This volume surge often accompanies sustained price movements, suggesting that the current rally has strong backing.
Support and Resistance Levels:
1. Support: The immediate support level is around $19.50, where the stock found strong buying interest in recent pullbacks. This level is crucial for maintaining the current bullish trend.
2. Resistance: The next significant resistance level is around $23.00. If ZIM can break through this level with high volume, it could pave the way for a move towards higher targets, possibly testing the $25.00 mark in the short term.
1.盈利表現：儘管沒有達到Q1 2024年每股收益的預期，ZIM報告了強勁的收入增長，反映了強勁的運營表現。他們調整後的EBITDA利潤率保持健康，表明高效的成本管理和強勁的現金流生成。
2.股息率：ZIM的年股息率爲87.33%，對注重收益的投資者極具吸引力。這種高收益率不僅提供了可觀的收入，也表明了管理層對公司現金流可持續性的信心。
市場氣氛：
分析師對ZIM的看法不一。一些人強調與運費波動和地緣政治緊張局勢相關的風險，而其他人則強調公司的戰略舉措和高股息收益率是關鍵優勢。整體市場情緒謹慎樂觀，一致評級爲“持有”，平均目標價在10.86美元左右。
1. Moving Averages: The 20-day and 50-day moving averages are key indicators to watch. ZIM’s 20-day moving average recently crossed above the 50-day moving average, forming a “golden cross,” a bullish signal suggesting continued upward momentum. Historically, this pattern precedes significant price increases, supporting the case for a bullish trend.
2. Relative Strength Index (RSI): ZIM’s RSI is hovering around 70, typically considered the overbought threshold. This suggests that while the stock is currently in a strong uptrend, there may be potential for a short-term pullback as investors take profits. However, strong fundamental drivers could sustain the overbought conditions longer than usual.
ZIM Integrated Shipping Services Ltd. presents a compelling case for bullish investors, backed by strong technical indicators and robust fundamentals. While there are risks associated with market volatility and economic conditions, the current technical setup suggests that ZIM could continue its upward momentum, particularly if it breaks through key resistance levels.