To close or not to close...?
what are everyone's thoughts on where to go from here... TP or hodl? I'm in two minds about it 😄 🤔
this could fly under the right circumstances.... pity it seems to touch 14 top. The conflicts and crisis and its ripple on effects xould keep it down with uncertainty?
I've hear whispers they're opening a port in NZ to accommodate Asia and India.. Could be a game changer for the souther hemisphere 🌎
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SpyderCall : I wouldn't sell just yet until the situation changes. If the Red Sea troubles calm down, then I might start thinking about taking profit. Investors are still bullish, and ZIM is still in a technical rally that hasn't shown any signs of ending just yet. So I would hold for now, but watch the 12.50 support.
Longer-term options order flows are calling for more upside. But the near-term options flows might cause a little volatility within the next couple of weeks, POSSIBLY.
Market makers need to hedge over the next couple of weeks, which could bring it lower towards near-term gamma support around 10-11 dollars. But it must drop below the 12.50 support that has been holding up the stock the past couple of weeks.
Basicaly, if the Red Sea problems are still in full effect and ZIM drops below 12.50, then I would look to buy the dip around 10-11 dollar price points.
There is a weaker support level around 11.50 to watch for a bounce, but the 10-11 dollar area would be a much stronger support zone for a potential rebound.
But remember that all of these technical levels mean nothing if the Red Sea tensions end or the shipping problems get resolved. So, definitely keep up with Red Sea headlines.
MooMamaLlamaOP SpyderCall: great advice. I was wondering if I should nab a few more under 11 if it gets there, I don't see it staying down forever.
alas, we can't predict the conflict so keeping informed is a must as you said.
iamiam : good stock, one of my favorite, wait for them to reinstate a dividend
do you sell covered calls? That is a great strategy for if you don't know to sell or not because it's a win-win. if you sell, you get a great price. If it does not sell, you get extra money to buy more zim 
. but Spider is right, I haven't parted with mine, I see big upside to the 40s, maybe by the end of summer. it's hard to tell, but it should hold the 200 on the daily and continue up. I think shipping has already priced in a recession and is coming out of it, like commodities. One in the same, actually commodities need shipping to move.
MooMamaLlamaOP iamiam: oh once they reinstate divs I know it will have a lovely jump... but when?? lol
cut losses early then back in under 10's. divs or no divs I see it paying off long term. 40's isn't impossible if we can get past this rut keeping us below 15
I've been looking at covered calls for zim, novonix, a few other ol' faves I've been accumulating. It would be the wise move though.
I bought my first zim share at $54
Revelation 6 : You’ve been holding out on me!
MooMamaLlamaOP Revelation 6: me, never!! didn't know how this would pan out therefore wasn't sure worth mentioning lol
Revelation 6 MooMamaLlamaOP: Lol