Chart doesn't look too healthy but hopefully the downward move will stabilise around last breakout point of $6.40 mark. If this breaks through the next support line should be around $6.
All the gains from breakout now being swallowed by PayPal news, plus the tech rout from US affecting Aus market. The tech washout isn't over, It should enter the 2nd leg soon, the bounce in US market overnight is just another retrace.
Z1P shortsell is current @ 5.7% whilst APT is 1.3%. So typical of Z1P opening higher but drift lower, relying on news to spike up.
Hope an insto comes on board or some bigger news on tech collaboration or additional markets.
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Chart doesn't look too healthy but hopefully the downward move...
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