ashainp

$WZR: Fintech hype+ Solid uptrend

Long
ASX:WZR   WISR LIMITED
FA,

- FinTech Revolution ( WZR left behind while the punters bet on BNPL)
- Loan origination spikes 48% in June 2020. Consistent uptrend
- Wisr Ecosystem up 52%
- 42.4 Million in Cash
- Great vision: Improve financial wellness in Australians.
- Strong support from NAB
- Good management team including CEO Anthony Nantes
- Cool name and logo ( It’s vital for long term success, Ask Peter Lynch)


TA,
- 5EMA and 10EMA above 150EMA
- Bottom trendline of Strong uptrend
- Ascending triangle ( WZR has historically broken out higher from ascending triangles)
- Volume consolidation
- Strong monthly level support(white)
- RSI not overbought (RSI<50)

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