IPAYAMEX:IPAY
IPAY, Daily, Butterfly Harmonic Pattern
Buy @ 54.41 - 55.39
Sell @ Target 1 = 61.69 , Target 2 : 66.17
Stop loss @ 50.76
--------------FOR OPTION CONTRACTS --------------
Daily Chart = Min 1 Month, Max Hold 1-2 Weeks
---------------------Disclamer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
IPAY
Splitit ready yet to take over the IPO high? 2+The high that was created by the hype during its IPO is ready to get taken over by the hype that's created from a cashless society.
TA,
- MACD daily golden cross
- MACD volume increasing
- Demand volume increasing
- Broke out of bullish pennant
- Bullish Moving averages
Hoping for some consolidation at this level due to 2 massive supply tails at 1.915.
Watch for the break of 1.915 and 2.00
FA,
- BNPL hype
- Pent up demand over the weekend. No, really that's a thing now. People hate weekends cause the casino is only open from Monday-Friday.
- Visa, Mastercard, Stripe partnerships
- Founder Brad Paterson :Former VP marketing at Intuit, Director for emerging products ANZ for Visa, Head of new ventures for Paypal
- 460% revenue growth
- MSV 260% (Creating win-win situations for merchants and SPT)
- Gives the customer more options with 3,6,12,24 months unlike other BNPL's.
- Allows the use of existing credit without interest rates. Less credit risk and easier to integrate with Visa/Mastercard ?
Coronavirus in 1 chartOnline retail names (Overstock, Ebay, Etsy, Shopify, Chegg, Stitch) vs. Mobile payment names (Paypal, Visa, Square, Mastercard, Fiserv).
IT Services strength being obliterated by Tech focused Consumer Discretionary names..