NYSE:ZIM   ZIM Integrated Shipping Services Ltd.
ZIM

I see ZIM stock fallowing Baltic Dry Index with a lag. As we observe a bounce in BDI we can expect the same in ZIM stock price.


From a technical point of view the same thing.

We are now in wave 5 of an impulse wave down. which could also be done.


So from wave analysis point of view we can expect a correction up, most likely to the minor wave 4 extreme. in the region of $34.


And financially the company is rock solid.



Disclaimer: This is my analysis and does not constitute financial advice.


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