Long
$USAT SET UP FOR MUCH GREATER MOVES. $7 ALERT LEVEL
$NASDAQ:USAT Shares of USA Technologies (NASDAQ: USAT) climbed 12% on Tuesday after hedge fund Hudson Executive Capital disclosed a 12% stake in the troubled networking and cashless transaction company, this is on the back of a terrible 2019 for the company. WE EXPECT SERIOUS CONTINUATION ABOVE $7 IT WILL RUN HARD.
The stock price is at a a critical point-
Sitting below resistance
Hitting the 200ma
Broken above the cloud
MACD positive
RSI POSITIVE
USA TECHNOLOGIES INC.
USA Technologies, Inc. is a payment technology company, which engages in the provision of technology-enabled solutions and value-added services that facilitate electronic payment transactions. It offers Internet of Things ("IoT") and machine-to-machine ("M2M") services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing the electronic payment solutions.
The stock price is at a a critical point-
Sitting below resistance
Hitting the 200ma
Broken above the cloud
MACD positive
RSI POSITIVE
USA TECHNOLOGIES INC.
USA Technologies, Inc. is a payment technology company, which engages in the provision of technology-enabled solutions and value-added services that facilitate electronic payment transactions. It offers Internet of Things ("IoT") and machine-to-machine ("M2M") services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing the electronic payment solutions.
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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.