I have a hard time accepting this write up entirely. The first part sure, no worries, entirely logical. The final part...well my primary issue is that you're lumping ZIP, EML and TYR into the bucket. Second two, yes, first one...nah. They are fundamentally different businesses, and I do not believe that putting them in the same bucket is good analysis. Also important to consider with EML is the whole Ireland thing - again, a fundamental factor impacting trading, as opposed to a technical one...and certainly not ZIP's doing!
Or to put it another way, calling TYR anything close to a BNPL stock is extremely off the bullseye to my eye. Yes it's integrated, but it and of itself is not BNPL. Considering them together
Beyond that, I like the write up as a short term technical analysis. I think short term at the least, yeah for sure, there's trouble as the market did not like this result. But on pure fundamentals I still like the business at a core level, over the long term. If you're looking to make money in the short term though, I'd throw my lot in with you Charm, stay away!
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and considering ZIP price action wise is the market leader (currently) then it's fair to say from technical standpoint that money rotating out of this sector should bring prices lower across the board.
All the best !
(20min delay)