Long
Fundamental and Technical Long on $SZL
Updated
Sezzle Inc has a low market cap now of 500M due to recent sell off of BNPL sector.
Recently generating investment of 250M to expand USA/Canada and due for some press release which would easily see this stock shoot upwards.
Currently the downtrend / pain is firm, not sure if it will go as low as $2 but if it was time to bounce it is reaching last year's highs as an area of support.
Fundamentals: Strong relative to price
Technical: Far from 200MA
Starter position on this stock now.
Recently generating investment of 250M to expand USA/Canada and due for some press release which would easily see this stock shoot upwards.
Currently the downtrend / pain is firm, not sure if it will go as low as $2 but if it was time to bounce it is reaching last year's highs as an area of support.
Fundamentals: Strong relative to price
Technical: Far from 200MA
Starter position on this stock now.
Trade active
Green on trade, waiting for min target of $3.15 before unwinding.Note
Watching key level of $3.12 for break to see if market structure permits a higher move.Note
Waiting longer than intended still speculating a break above $3.15Trade closed: stop reached
Note
Trade did not sustain the move over the Omicron period - was close but resistance + market was too strong for the stock to recover. Will wait for re-entry and continue to watch.
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