Appreciate you for the added detail @Tekvest !I think U.S Markets will do a bit more than a "Dip" but a decent correction as its well needed now but we never know how high this Plunge Protection Team will push it before they wipe more middle class investors.
In saying that, negative U.S Markets and Sentiment as you mentioned would do Zip & other BNPL stocks quite well. Let's not forget COVID 2020 times.... Zip Went from the $1 lows to over $14.50 doing well 12x people's investments (obviously not all locked or made that much but thats how much the share price increased)
I am not saying ZIP will 12x at all but even 50% or 25% of the total move is a significant ROI from current prices IMO. I am not calling bottoms either but to use the trend and certain price levels as a guide
Ann: Application for quotation of securities - ZIP, page-5
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Last
$1.77 |
Change
0.028(1.58%) |
Mkt cap ! $1.997B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.80 | $1.72 | $25.01M | 14.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 75665 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 67243 | 10 |
View Market Depth
| Last trade - 13.53pm 09/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |