I've lost confidence in the sp now, after Z1P broke through a few support lines. The line in the sand is ~$5.50. We now really have long term holders throwing in the towels.
I don't think the blood bath has stopped. There is no support or consolidation line. Shorters running crazy with this.
The series of bad news with PayPal, Nasdaq and Bank zero interest have put a big dent in 2 weeks. I wonder what other catalysts can revive the market? I could see more competitors in this space and each one will grab a piece of pie from the BNPL players, and with each news the sp drifted lower.
I'm still watching from the side line with a clear head. Not dipping into the water at this stage. From one of the best performing stocks to worst in such a short time frame. I do feel for all holders. GLTA.
Z1P - What will be the bottom before the bounce., page-613
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $1.808B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20628 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 2629 | 1 |
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| Last trade - 16.16pm 17/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |
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