The Story of ZIP so far.. How far can ZIP fall ? where is the bottom ? Only time will tell..
Z1P has been on a free fall since Oct 2020 Big News : Z1P and SZL merger though the "Placement Price" is $1.90 , will Z1P be able to use this as Strong Support ? Rumor : Goldman Sachs the most likely candidate for a take over , will this happen?
Not very confident with today's 14.6% up move, are you? definitely volume was good. overall, BNPL sector doesn't look very attractive at the moment. Monitoring it closely, I think it might go and touch $4.00 range. Please note these are my own notes for my future reference, by no means a trading advise to anyone. Please do your own research before entryign...
SZL may be giving another buying opportunity as it has bounced off for the 3rd time off its trendline. Currently it lacks momentum, but if price picks up or even consolidates at the current levels above the $6.30 zone, then we might see momentum picking up. For this scenario, the low must hold, and it could target the next Resistance level of $8.40 (potential 25%...
The recent pullback has been strong but seems it may be about to end soon. I am expecting that it may be supported on the trendline to provide a good buying opportunity and the uptrend may resume. My Buy zone is $6.80 - $7.40 range, which is the trendline and the POC of Volume Profile, where I will be observing price action and wait for it to turn around, and aim...
CR Price + Held by a long term support line flipped from a resistance
ENTRY: 9.48 TP1: 10.34 (next HVN) TP2: 11.84 (ATH) SL: 8.55 - ADX>25 - RSI>70 - FFI and RS +ve - MAs are aligned - Breakout of down-trendline on 16-17 Dec 2020 - Breakup resistance with good volume
Starting to also gain momentum, after a number of really good reports, this particular stock has shown a healthy consolidation phase and is almost ready to rally. target is 10$ mid term but could extend up to 15$ depending on how the overall market performs. holding all significant support, looking to break resistance soon.
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...
Bullish Confirmation Indications Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up. Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong. 1. Price has been supportive at the support level of $5.20 level twice which is a Bullish Sign. 2. There...
I have been glad to get in on this penny stock, Just after its all time low of 34c back in March, Even tho Sezzle is still in its infancy stages coming into the scene in August 2019, I think this new company definitely has a lot of potential to grow in the (BNPL) category. The BNPL sector will be blowing up in the years to come, If the financial markets and...