As I type, NASDAQ was up, but has whipsawed back into the red. I'm afraid this could signal a downward phase rather than a correction in the tech sector. So, BNPL (and tech in general) will likely get hit again Monday and into next week. I really can't see the bottom, or any phase of consolidation. For now, it's best to wait until these -5% drop days end and we go sideways for a while. That will present a buying opportunity.
Just wondering whether we could see some take-over action soon?
I had my finger on the trigger to buy some Sezzle on July 27 at $4.08. It ran next day, and got away from me....or did it? Perhaps that fish is swimming back towards my hook again?
Interesting days ahead.
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