ZIP 3.05% $1.27 zip co limited..

The Bear Room, page-9

  1. 7,707 Posts.
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    Unlikely to go to base camp (25.5c), other than a pullback to that low-mid 40s area. I'm also waiting to see what the big money sitting on the sidelines in the US will do today and tomorrow. Santa rally is meant to start tomorrow historically so want to see if it's trap or not. If the US market rallies all the way to the next US rate cuts, Zip will go along with it. (First rate cut probably in May - July).

    I also expect the HY update will be the one the media and instos will finally accept and get on the party train. Google is the first of many new partners in 2024 after the Black Friday sales highlighted how big and important BNPL will be.

    Plus I'm adding trading stock and will be able to break even much faster soon and wont be so risky. Then I will be even more chill. I'm 70c right now and plan on lowering it even more sneaky.png
 
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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