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FocusWithin
Sep 16, 2020 1:30 PM

Very Weak future outlook Short

Description

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


Comments
PatTurner
did you have a short postion placed?
FocusWithin
@PatTurner, yes. sir lost close to 200 on that one
yvesang
Would you mind sharing what in the graph gave you this conclusion?
FocusWithin
@yvesang,
Very low volume rally since 29 may.
multiple divergences on rsi
forming head and shoulder pattern could potentially see body with drop
Morningstar valuation on 25 sept $41.59
After i put the post CFO have left the company who was one of the main driving force
Very impressive revenue growth but earnings ????

please share if you have any negative or positive ideas on it
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