Not a Trading signal... Company drastically restructuring in response to Covid 19 crisis. Household name. Great reputation. Years of experience.
Stock is massively overvalued. Competition is coming with better product like SPT Paypal a major threat to all BNPL Stock would have crashed by now but institutions are keeping it high to milk retail traders Take profit now if you own and short
Price Action and volume relation.
Expecting ASX to drop on 07/09/20. Stock seems to be good hedge . Company with good fundamentals Possible gap filling to the upside Rsi showing bearish so just take small profit and get out Bounced off to a support level in trading day
Dont Buy if no breakout. Swing Trade. Morningstar Valuation at 2.52 on 19th August. Happy and Healthy Trading 👍👍
Technical only enter if breaks the trendline. we have multiple bearish divergences on rsi and macd. the volume is very high during this drop Fundamental Health crisis not over yet Us elections During this drop lots of bulls got slaughtered. This could shift the sentiment and we may see everyone going short. Put call ratio very high