ashainp

Splitit ready yet to take over the IPO high? 2+

Long
ASX:SPT   None
The high that was created by the hype during its IPO is ready to get taken over by the hype that's created from a cashless society.

TA,
- MACD daily golden cross
- MACD volume increasing
- Demand volume increasing
- Broke out of bullish pennant
- Bullish Moving averages

Hoping for some consolidation at this level due to 2 massive supply tails at 1.915.
Watch for the break of 1.915 and 2.00

FA,
- BNPL hype
- Pent up demand over the weekend. No, really that's a thing now. People hate weekends cause the casino is only open from Monday-Friday.
- Visa, Mastercard, Stripe partnerships
- Founder Brad Paterson :Former VP marketing at Intuit, Director for emerging products ANZ for Visa, Head of new ventures for Paypal
- 460% revenue growth
- MSV 260% (Creating win-win situations for merchants and SPT)
- Gives the customer more options with 3,6,12,24 months unlike other BNPL's.
- Allows the use of existing credit without interest rates. Less credit risk and easier to integrate with Visa/Mastercard ?

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