I'm not sure haha is useful. A lot of people are losing a lot of...

I'm not sure haha is useful. A lot of people are losing a lot of money. And you think that's funny ?

There's a lot of science behind charting theory, however anyone who's been doing this for awhile knows that the past is not really a great predictor of the future. Especially when such huge macro events are taking place.

Ultimately fundamentals are important, especially when interest rates rise, and investors can then find more rewarding places to put their money.

While many traders thrive on volatility, the fundamentals for companies like zip are not looking great, and finding a white knight in this environment is going to be hard. Likewise, growth through acquisition is going to be hard when the buying currency, shares, are worth less than wallpaper. There are already a few people, like Behrmann of Payflex who probably would prefer not to have been bought out for Zip shares.