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ZipRecruiter (ZIP) Bull Wedge

ZipRecruiter (ZIP) Bull Wedge

by | Oct 20, 2021 | Chart SetUps

Zip Recruiter (ZIP) shares forming a narrow bull wedge under $28.50 and ready to run with MACD nearing a bull cross and RSI moving back above 50. ZIP is consolidating in a small range above both VWAP from the recent lows and the August highs and a breakout move has room to $32+ and the top of a rising channel. The top of monthly value at $28.05 would be a nice trigger out of this range, too.