TA & charts, page-1080

Belsha - I'm generally in agreement with you re the EW count but the recent retracement could be a sub-wave 4 and the current rise is a sub-wave 5. However, that SW4 falls just into the range of SW1 which as you know, isn't permissable (but not impossible) under EW rules - so maybe your theory is a better one. If the alternative theory proves correct price should go a bit higher before retracing in a Wave 2. In your scenario I'd suspect Wave 2 has a bit more to go. W2 usually falls 50% - 75% of the rise of W1 - and I see it as too short in time for what I'd expect. If you go to the weekly chart it's hard to see any W1/W2 action. Anyway, as they say - time will tell.
Personally, I won't touch any of the BNPL players at the moment (not even short term) because (a) ASIC is looking at them very closely at the moment and (b) I come from a finance background and I guarantee they are going to have a truck load of defaults stemming from Covid19.
Today's price action proves the market is still very nervous and anything is possible - including a retest of the March lows. While still buying into the odd trade I'm trying to be defensive about what I do.
Good luck with Z1P and I hope your analysis proves correct