I'm not a downramper and all my posts are backed by views and analysis.
I think it will consolidate around support. I still hold Z1P bought in the low $6's. I have previously said in separate thread that Z1P may consolidate around $8.80. This news is likely to push it to retest the previous breakout point around $7.90 mark. Z1P tends to follow APT.
Won't be surprise to see shorters doing another round with Z1P again tomorrow. I'm watching APT to see how it reacts before making my move. Keen to offload before everyone on the street heard about this news.
Likely to gap down and retest support IMO.
PayPal enters BNPL sector, page-6
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Last
$2.85 |
Change
-0.020(0.70%) |
Mkt cap ! $3.720B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.99 | $2.83 | $32.53M | 11.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 283125 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 200 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |