Is this the right time to get into Z1P?

2021年1月19日

Z1P was once a payment darling just next to ASX:APT. But ever since the spark in Aug, its stock price has been consolidating down to $5 range.
On the chart, it's fairly confirmed they have strong support at $5 range, and now they are issuing a public offering with issue price under the SPP is $5.29 per share, which encourages me to take a more bullish view on them with very good risk reward ratio.
I will try to build some position @$5.7 with stop loss at $5.28, looking for a breakthru @$6.5 in 1 month, pending other catalysts to pump its price back to $7.50 range.

2021年1月21日

註釋

Target achieved in 1 week...rather than 1 month