A quick update on our thoughts towards Z1P which put on over 5% yesterday to be the 3rd best performing stock in the ASX200, we remain bullish and long the BNPL (Buy now pay later) player looking for a pop over $8.50 in the coming weeks, a 5.7% short position could really help in today’s environment. Assuming we are correct and this advance unfolds we will be in a position to tighten technical stops on the downside once the break occurs, but ultimately we want to own this stocks as growth plays out in the US.
MM is bullish Z1P initially looking for ~15% upside in the short term
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