the trend follows the same as last year.
see Q3 fy18 result below. The most recent quarterly was impressive which is why the price went up rapidly but it can’t follow a vertical line directly upwards. I have a price target in mind for Z1P which is much higher than current levels but I always expected a pullback. When looking at SPT the price rise experienced when they almost touched $2 was crazy though. I also gave 12 month targets of potentially $2 for splitit but when you give targets you don’t expect them to get hit in a week. That’s how fast splitits rise was. Lots of hype and day traders built that craze. It went way too fast hence why I advised my position to take profit and free carry when it was around the 1.60 mark.
when stocks go up like that there is almost always going to be a pullback. Everyone must decide what they do. Sell half for protection? Hold long? Or take a quick buck hopping for a pullback. I still believe Z1P will have a solid result this quarter. Q4 fy18 put on a 26% increase in transaction volume so if we followed the fy18 trend related to the prior quarters figures and say had a 20% increase for this pending quarter then Z1P will pull out a transaction figure roughly around 338 million which would be 1.35 billion annualised and again on target to touch 2 billion in annualised transactions within 12 months. For me I am using that figure as I know what afterpay was valued when they touched those numbers.
each to their own with what they do with Z1P but I don’t believe Z1P is a pump.
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the trend follows the same as last year. see Q3 fy18 result...
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B |
Open | High | Low | Value | Volume |
$1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | $1.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.85 | 211147 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5200 | 1.830 |
17 | 303586 | 1.820 |
6 | 48585 | 1.815 |
10 | 224045 | 1.810 |
7 | 453889 | 1.805 |
Price($) | Vol. | No. |
---|---|---|
1.845 | 211147 | 7 |
1.850 | 219122 | 7 |
1.855 | 139323 | 3 |
1.860 | 291913 | 5 |
1.865 | 143562 | 3 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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