All good @Armyne
Happy to give my opinion fwiw if asked and have time.
Not really looked at the BNPL sector much but obviously has been heating up for a while now. Given Covid and lock downs and home delivery necessities most likely added to the uptakes and interest this year in particular, maybe getting a little overcooked given wider macro events that may possibly have a negative impact in time with unemployment etc. Could be a lag on those effects but yes, looking at it now on a longer horizon thanks,
@freshtesh
The doji can indicate indecision in the market as bulls / bears tussle. Price gets pushed down / up and finishes pretty much equal to opening. Like to see 2 or 3 or so doji to show strength of indecision (not just one of)f and then break to upside.
The loose pattern I was looking at was a cup & handle. Generally formed in an uptrend as a continuation pattern.
High vol left side supporting rise then pull back to consolidation before another push up on vol & another pullback for the handle.
Like to see the right & left highs reasonably equal (but don't have to be) and the consol area more stretched / curved rather than too "V" shaped (but again can occur) and the handle needs have the bars sit within the 2 trend lines and not drop too deep before breaking back up through the handle & then the neckline (top of cup level) hence why a "loose" C&H.
Hope that helps.
- Forums
- ASX - By Stock
- Possible target price of $15-20
All good @ArmyneHappy to give my opinion fwiw if asked and have...
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.31 |
Change
-0.030(2.24%) |
Mkt cap ! $1.472B |
Open | High | Low | Value | Volume |
$1.34 | $1.34 | $1.30 | $6.152M | 4.679M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 172722 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 9795 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 172722 | 1.310 |
6 | 105808 | 1.305 |
24 | 517231 | 1.300 |
5 | 156669 | 1.295 |
10 | 255191 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.315 | 9795 | 4 |
1.320 | 9164 | 2 |
1.325 | 54913 | 6 |
1.330 | 105028 | 8 |
1.335 | 48047 | 2 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.31 |
  |
Change
-0.030 ( 2.13 %) |
|||
Open | High | Low | Volume | ||
$1.34 | $1.34 | $1.30 | 1692527 | ||
Last updated 15.59pm 13/05/2024 ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online