Just to put into context.. we experienced a 'sell the news'...

  1. oke
    3,901 Posts.
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    https://hotcopper.com.au/data/attachments/6629/6629646-95aeec5ca708ef21582b71d1321ab105.jpg
    Just to put into context.. we experienced a 'sell the news' moment Friday on elevated volume whilst the rest of sector, here and US overnight, holding gains or rising off the back of recent stellar YOY results.

    On Monday theres a convergence of TA support at 2.4 for potential price recovery
    Counting on progress reports well ahead of KPI timelines and high news flow if they with the pace
    Chart prefer it to be above the EMA20 but that can change very quickly on a bullish bounce for another 'W'' formation creating a series of higher lows.
    BNPL will thrive under Trump adding fuel to sectors already bullish momentum


    Last edited by oke: 23/11/24
 
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