Long
ASX:FXL - Next Buy Now Pay Later stock to pump?
Fast approaching a definitive point in price action. I anticipate we'll see movement up or down within 2 weeks.
The recent success of AfterPay $ASX:APT and OpenPay $ASX:OPY, suggests that this is looking like the next opportunity to enter a LONG position with a Buy Now Pay Later (BNPL) service.
Undecided where I will place my SL, thinking roughly just under support at $1.07
Once entered I will be actively watching for divergence in MACD and RSI for my TP
The recent success of AfterPay $ASX:APT and OpenPay $ASX:OPY, suggests that this is looking like the next opportunity to enter a LONG position with a Buy Now Pay Later (BNPL) service.
Undecided where I will place my SL, thinking roughly just under support at $1.07
Once entered I will be actively watching for divergence in MACD and RSI for my TP
Note
Longer than anticipated sideways movement with no definitive break above the trend line and a dip below RSI support. Keeping an eye on indicators for an entry but anticipating price decline.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.