Fintech
Paysafe Falling WedgePaysafe is relatively new to the public market after being SPAC'd public end of March.
This company has been around for a while now as a private company and at one point was a public firm.
I like this stock, has a few big names as clients: $COIN, $RBLX, $DKNG
I think it'll be a slow burn, so I hold shares.
Falling Wedge pattern with earnings report May 11th.
You could wait until after earnings to see how it is, but I think we'll see a breakout of this pattern due to earnings.
By the way, if you have information about $PSFE, feel free to comment.
FUTU completing a cup and handle ENTER in the green zone... thats when the break out would be confirmed. the grey areas are three areas of support can act as stop losses. (trailing going up, if an entry is made right now, as the ema 12 just cross the ema-26)
futu is an ideal canslim candidate. amazing fundamentals.
$FUTU
$BFT Rocket Time!For $BFT HODLers, we understand what we own. Paysafe is an online payment juggernaut, with little attention from outside analysts covering the SPAC merge.
The technical indicators are there to indicate a reversal in price action, and Paysafe has never had more sound fundamentals as well. It seems that MM's have kept this one down for a reason- excited to see what unfolds over the next few months.
$SQ 300$ Short term price target$SQ is the bull of all bulls. This innovative fintech company regained the prime trendline that held since the march bottom. With the economy reopening and small businesses reopening this stock is poised to surge. This is a great long term hold and a key part of my portfolio. Looking to hit new ATH within a short time frame.
Paysafe Payout Round 2! 🤑BFT was a big winner last time we played a breakout on the January 27th write up and we were able to capitalize on a 26% move. BFT has spent the last month in a bearish downfall from $18 —> $12 when the market was selling off with uncertainty. Looking at BFT’s chart we sold off to $12.51 this past Friday but managed to rally with the market and close at $14.93. After hours trading saw price action close at $15.09 Friday afternoon so we will have to see where BFT opens at this Monday morning 3/8. Paysafe’s merger with BFT has the vote scheduled for March 23rd so we can see some bigger volume coming into BFT these next few weeks. I have been holding July calls since the end of January including averaging down this week and adding of shares. I will be looking to add April $15 or $17.5 calls for a momentum play.
Chart:
HVN & Fib ext: BFT has a HVN in the area highlighted from $14.50 to $15.88. This also coincides with the 38.2% & 23.6% fib extensions outlined in white. BFT over $16.32 can confirm a breakout back to the highs.
EMA’s : The Daily EMA clouds are all converging at the $15.40-$15.88 lvls which will serve as a strong resistance area. Price action closing over $16.32 lvl can trigger a bigger run.
Plan : $16.32 lvl break with volume accumulation, enter April calls. I expect $17.50 to serve as a resistance lvl and I will watch to see how it behaves there.
*Big believer in the Fintech sector and I think Paysafe has the opportunity to easily break the $20 price range. Ultimately this momentum play in the short term will be affected by the overall market sentiment. Tech has been very weak the past two weeks and although futures and market sentiment has been a little more bullish due to Friday’s closing I am still hesitant and will be playing smaller. If the tech sector gets hot again watch out for BFT to run into its merger as it gains more attention.
Mara Swing Trade IDEAMARA: favorite crypto mining play that will go up with bitcoin’s overall direction. Dilution somewhat often.
My outlook on BTC is very bullish throughout all of 2021 if your willing to hold in this volatile market, I see MARA as a clear buy.
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QD double bottom pattern in playNYSE:QD broke out of the double bottom pattern and is now targeting 4.96$. Anticipated price action is shown on the chart, wait for pullback to enter, stop level is 2.4$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Looking for a short-term pullbackHoping to add to my position at around 230 in the near future. Possibly a pullback due to earnings, wouldn't mind seeing this one consolidating at around the 240-250 levels for a bit. However the bitcoin hype keeps pushing this stock with it, and we might not see as much of a pullback as I would hope.
Road to $2,000 for ETHMACD is signaling a buy. RSI shows it is not overbought. When you look at the overall trends of each growth cycle that ETH goes through, it gets to a point of exhaustion and cools off for a while before tearing back up the curve.
According to the current trend, this rally still has legs and it looks like its heading directly to $2,000,
ETH is being integrated into many fintech applications and payment platforms. It is Bitcoin's smarter cousin. It is continuing to get more and more street cred which should propel it further. Go long ETHUSD.
TOP TEN DAILY OVERSOLD STOCKSMy trading is based on Technical Analysis ONLY - there is NO FUNDAMENTAL research done on ANY of the stocks I choose
Not much of a potential on this one...Quite boring for being oversold but still...if support holds in the $11 region this could see some nice spikes!
Trade at your own risk as this clearly is not financial advise
QFIN breaking out and is looking promisingNASDAQ:QFIN is breaking out, long any pullbacks to target 18.09$, 18.97$, sell zone between 21.3$ and 22.15$ and 24.4$. IMO this a good stock for long term.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Google Pay to start doing GDOT bank accounts in their platformGDOT Green Dot is famous for their proprietary banking products like prepaid debit cards. If you've ever checked out in the Walmart and you see the little rack of prepaid money cards at the cash register, those are all Green Dot products.
Other side of their business is called banking as a service, or BaaS.
Apple Pay Cash is a Green Dot-powered product, Apple Pay's person-to-person transfer service. That's a Green Dot product.
Uber uses Green Dot's infrastructure to instantly pay their drivers for rides. If you pay for an Uber drive, that money will instantly show up in the driver's account, and that's a Green Dot product.
Google Pay just announced they're going to start doing Green Dot bank accounts through their platform. (fool.com)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
AFRM Affirm to put on your radarOne segment of the fintech market is particularly interesting right now: Buy now, pay later (BNPL) firms represent a new era of retail and recent IPO Affirm stands out in that category. Essentially, BNPL companies are the next generation of payment installment solutions.
Current Affirm partners include Shopify (NYSE:SHOP), Peloton (NASDAQ:PTON) and Walmart (NYSE:WMT). According to CEO Max Levchin, a former PayPal executive, demand for its solutions quadrupled in the first months of the pandemic. (investorplace.com)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Alibaba (BABA) Crashes -Is Jack Ma Missing? - Buy or SellAlibaba (BABA) has plunged 34% since Oct 2020 with lots of negative news going on. Is BABA hitting the bottom yet or further distribution to come?
The negative news ranged from suspend of ANT's IPO, investigation over monopolistic behavior, Jack Ma's missing, executive order to ban Alipay and plan to ban Americans from investing BABA, etc…All these bad news are still unfolding with lots of selling of BABA in the background.
Let's look at BABA based on price action trading aspect from long term, medium term and short term aspects, with only price and volume to determine if BABA hit the bottom yet and what to expect next.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Return to long term bullish momentumPAX Global Tech (Ticker: 327) is a HK-based producer of cashless payment hardware similar to Ingenico, while being significantly more undervalued than the latter. long term target for the stock is 10-15 HKD.
Since the huge breakout in Aug the stock followed the exact same pattern 3 times already:
- 2-4 days breakout on higher volume
- backtesting of breakout area
- next leg up along long term trend line
In the next few days, I expect PAX to consolidate at a price level of ~4.7 HKD - in a similar fashion;
Once connected to the long term trend (blue line) I expect a huge leap upwards within 2-5 days and a following consolidation and backtest slightly above previous breakout levels.
The short term target for the 1st week of Nov is in the area around the intraday high in Aug (5.4 HKD), and I'll give it a >50% chance that this will be even exceeded during the run up. So we're looking at a +15-20% gain within 2-3 weeks.
Long term I am bullish on the stock anyway, so every level here is a clear buy. the company sports a PE of ~6 while earning double digit ROICs, having a healthy growth path in emerging markets and started paying increasing dividends and uying back their own shares.