Another shipping company trying to 2x and break higher ZIM Integrated Shipping Services Ltd.BATS:ZIMWilliam_Playfair🐂 The Bull Case An inverse head & shoulders could be forming here. I’m not completely sold on the proportions of the shoulders vs the head, though, so I’m noting it rather than betting the bank on it. We could also get one more move lower to put another impulse into the triangle. It’s not required, but visually and structurally it would fit very nicely. 🎯 The interesting bit is the triangle targets. I’ve marked the typical targets on the chart, and the most optimistic bullish target lands almost perfectly on the ATH. Even better, that ATH is almost exactly 2x / 200% from the breakout — virtually to the pip. That’s a lovely bit of confluence and another piece of evidence supporting the bull case. 🐻 I’ve included both bearish triangle targets as well, but at the moment I’m not expecting this to resolve to the downside and break the trendline support forming the lower edge of the triangle. As always, let price tell us. Happy trading! 📈 And if you like triangles, give me a follow — I have literally thousands of these things to choose from. 😂🔺 From a prior post another trader suggested to look at related shipping info so here is a shipping watchlist for you to have look at https://www.tradingview.com/watchlists/345239922/