We can discuss technical after technical, I've been around so long that I know enough to know that the simple technicals are used and abused by company paid hype and promoters and used as fodder for about anything.
One day the pps closes green on a downward trend and it’s used as "look we broke the 20 Day" "whoopee" and another day when it closes negative the remarks are "well, the close doesn't portray the worth of the company and can't be paid much attention too".
Both kinds of statements have been used on the BNPD hype. Instead of wasting time discussing the literally hundreds of hundreds of technicals, my only point is that when anyone says green on a chart, it can be said red in some other technical, and vice versa. And it can go on all day and night.
What I know (since you asked) is profitable for me and my management of my money and I would suggest to anyone that once it is learned the basic knowledge of a chart or its technicals to expand that knowledge and learn so much more and do it for oneself, not just go on all the BNPD penny.com want to be and paid advertising.
At this point, BNPD is on a general downward trend with shell share transfer problems and two months since the original hype of a simple ticker change and down 50% from the high of that time. And so what that the ticker changes, big deal. The pps could change and go up a bit, but all I've seen is profits that can be gotten in hrs or days and no real long term positive aspects.
Again there is no real transparency or full disclosure with this company and only found in fluff PR's that are always misleading and paid promotional teams with just words, but never the real thing.
Along with my knowledge of charts and many, many of its technicals is the fact in the pinky world, BNPD included, is that the stronger the hype and stronger any uptrend is, the harder it falls in the longer term and that holds true no matter what technical one wants to talk about.
Why some say charts are worthless down in the pinks, and it is partially true in many cases. But to learn to interpret certain technicals in ways that are much more advanced than the basic common simplicities are a good thing to thrive for and that is what I know and would suggest to anyone to know it as well.
