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.
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