PYPL: Bearish Gartley Looking for Continuation Down to $45.64PayPal has generated another Bearish Harmonic, this time in the form of a Bearish Deep Gartley, and if it gets below $63 this week, I expect that it will make a significant move towards the 1.618 Fibonacci extension that happens to land at $45.64.
In addition to what I pointed out above, we also have Bearish Divergence on the MACD and RSI.
Paymentprocessing
Mastercard a long term opportunityMastercard Inc NYSE:MA
- Historically cycles are between 34 - 40 months
- Now on month 40 of a decline/consolidation cycle
- New cycle into bull phase highly probable
- Above 10 month, 200 week & 200 day SMA
- Recently had lowest oversold RSI level ever!
- Monthly MACD Cross
In addition to the above points, a number of bullish parameters are lining up on the chart.
On the daily and the weekly we breaking out of a parallel channel. We are testing the upper resistance of the parallel channel for the 5th time and appear to be breaking through. Parallel channels have one of thee best records in terms of trading pattern success rates.
The RSI was at its most oversold level ever in Sept 2022 and this may have acted as a spring to help propel price with enough momentum to breach through the overhead resistance.
In summary, the cycles suggest we are about to move into a bull market with the aid of a price spring from significantly oversold levels. We are breaking out of a parallel channel and have the 10 month, 200 week and 200 day SMA's under price as support and they are all sloping upwards.
The parallel channel target provides +41% return (see chart). I have also shown were a 100% return would fall on the chart. If we were to reach the top of the channel within the typical 40 month cycle by Sept 2026 we could see a 200% return in what is a very well entrenched and established stock/company.
NYSE:MA is highly established entity as the 20th largest company in the world by market cap at $372bln. A 2x in market cap would make it a $1 trillion company (how likely this is I don't know). Mastercard pay a very small $0.57 dividend each quarter per share ($2.83 annualized). Its less than a percent in dividend yield but its something else to factor in.
KEY DATE: Earnings report on 27th July 2022 (no negative earnings report since 2020).
AXP: Confirming Break Below Lead-In Trend at Bearish Crab PCZAmerican Express has broken below the Lead-In trend line and looks to be confirming a lower high below the breakdown zone, all at the PCZ of a Bearish Crab on the Weekly Timeframe.
If we get the desired performance from this we should see AXP go down about 30-60% from the current levels.
2/9/22 BILLBill.com Holdings, Inc. ( NYSE:BILL )
Sector: Technology Services (Packaged Software)
Market Capitalization: 25.38B
Current Price: $247.48
Breakout price: $260.00
Buy Zone (Top/Bottom Range): $222.85-$179.70
Price Target: $302.00-$309.00 (1st), $344.00-$352.00 (2nd)
Estimated Duration to Target: 36-39d (1st), 58-62d (2nd)
Contract of Interest: $BILL 3/18/22 270c, $BILL 5/20/22 300c
Trade price as of publish date: $9.50/contract, $16.00/contract
ADYEN Reaches the COVID Bottom of this ChannelEURONEXT:ADYEN has just reached the point I have been anticipating since my stream on 16 December 2021. In the sloped trend lines I have drawn, the current price aligns directly with the COVID bottom in March 2020. I'm trying to find other signs of reversal, but I can't find any except the wick on the current candle which still has three trading days to close.
I would like to keep this in sight. Looking at the S&P500, I concluded in yesterday's stream that we will not get a V-shaped recovery this time. I believe some stocks will get a V-shaped recovery, but not the S&P500 as a whole. I anticipate a slow recovery for Adyen until RSI, MACD and moving averages catch up with the big drop.
Like this idea if you're interested and would like to see a follow-up.
Head and Shoulders at the Midway point of Trading RangeOn the weekly we are currently closing below the 55 week moving average and potentially double topping while on the daily we are trading within a range potentially creating a Head and Shoulders pattern that if broken would likely take us to the bottom of the range.
If after making it to the bottom of the range we break through, we can then begin to target the much bigger target of the weekly double top that can take us down to $120 or even lower but to be conservative lets say $120.
I believe that payment processors are in a position of weakness and that we will see many pullback over the coming months.
For more on this you can view my idea on Visa in the related ideas section.
Drawn trendline + LR on QuisCharts are an amazing tool. Been an amazing 1.5 years having control of my money to learn about technical analysis. I have been meaning to take a look at quis technically on this uptrend, Linear Regression I find is a great tool to price gain further context on longer time frames.
I started this chart by inputting my own support and resistance trend lines. It follows that as you map out a line acting as resistance and one as support, you are going to find alot of the stocks price action in between. This price action acts as data to be inputted into a Linear Regression model. Utilizing 3 regression lines set from Standard Deviations -3 to +3, we capture 99.7% of data-price, for Quis.
Quis over the past week has again started tightening up. Trading well below its daily average today into last weeks session. I have to admit I was off on the last tighten up around earnings. stock slipped up and went the other way for a week. these weeks candles and volume will be very telling to me on Quis being ready to go.
Catalysts on the near term horizon include Visa end point certification for LedgerPay. LedgerPay is the first payment processing solution that is built on cloud technology, Microsofts Azure Cloud to be specific. You may have seen news out that Amazon is looking to build its own payment platform for retail business. Its to be able to take in all the data on AWS network and make AWS more valuable. Microsoft in a battle forever now on cloud with Amazon got here first by working with Quisitive, a premier partner of microsoft. Microsoft expects to punch back here with Quis as its boxer, this is due to the product offering and funcationality of Ledgerpay and its data intelligence arm and those capabilities.
Further to certification, I think a contract being landed (guidance given on last earnings call Q&A that customers for Ledgerpay would likely be signing contracts before or shortly after LP is fully commercialized with Visa end point cert. It is on news of these contracts I feel the stock can push up to an area in the +2-+3 SD Channel. CEO Mike Reinhart represented Quis on an gateway investor webinar last week and guided that an uplist in Canada to the TSX was foundationally in place, and that US uplist was near as well. $QUISF currently trade on the pinks OTC. Quis also just filed an updated and amended SBP, as i note in my DD pieces, dilution is part of the game here and a risk to upside movement. Given the last two raises made by quis came after moves up, I think it follows that this will will too, but that may not align with acquisition opportunity forcing it to come earlier.
In any case please always do your DD, feel free to check out my substack lebellechart for my own DD, and follow your own trading & investing rules.
Cheers,
Luke
Quisitive Technology Solutions TA and thoughts $QUIS.VQuisitive $QUIS.V / $QUISF will report Q2 earnings on Aug 30th after the bell. This will be a company changing quarterly report IMO. For a detailed breakdown on what to expect for earnings you can follow my substack, I will be publishing an updated Q2 projection this weekend.
Price has failed to break lower on the last two selloffs. the 200 dma held and the stock bounced up Friday on light volume. Take in that volume contraction over August. Besides a few large buys that show up its been quiet on the Quis front. I believe Quis will run into earnings now this week. Its not going to take a whole lot to get us up to that overhead resistance I have lined out (1.68-1.70 range). This move up implies just over a 20% gain in 6 trading days.
Where the fun/risk comes into play is the market reaction to the numbers Quis puts up. IMO there is a chance Quis can push upwards of $24 million in revenue, which would be near 100% yoy growth. Again, my stack will breakdown this down in more detail. Furthermore what will drive sentiment is comments from CEO Mike Reinhart on LedgerPay commercialization being on schedule (no reason to believe it wont be) + any pilot projects that have been undertaken during Q3. Full Commercialization for LedgerPay is due after Visa Certification has been awarded, expected at end of Sept.
All in all, I believe there is a trade to be had here, as well as a good buy range at the start of the week for a long position. I also have quis's chart on stockcharts set up on weekly with rsi, macd and OBV - the stock is technically oversold and has a reasonably long runway if it moves up with purpose. I believe it will. Earnings could be the set up for a stronger push up near end of Sept when LP reaches full commercialization. Again, Mike Reinhart's comments will be key here to giving the market guidance.
I have a large position relative to my book in $QUIS.V, As always please do your own DD and follow your own trading rules.
Cheers,
Luke
Quisitive Technology Solutions TA and thoughts $QUIS.VHey Folks,
Quisitive won Microsoft's Healthcare Partner of the year award today. This was made possible by Quisitive acquiring MazikGlobal which was a premier partner of Microsoft prior to; they were (Quis is) considered "Partner 0" in Healthcare for Microsoft. In addition to LedgerPay Bank Sponsorship being announced, Quisitive has some stuff going for it. It has been getting strong PT upgrades. I think it is one worth watching over the next week to see how it behaves around entry into -3SD data territory. Regression to the mean is our friend here if you are long. Buyers matching sellers for some tight action over a couple days could set that up. Eyes on Volume.
If Quis slips into that last channel I believe It will present a great buying opportunity for a long add. I have a Limit buy in for $1.48 to catch any weakness tmrw on the open, adding to my own position.
Please note I had links to the stated accomplishments (award and PT) but TV wont let me publish the idea with links in the notes here. I used yahoo finance and tipranks to source those pages. You can find them across other sites as well.
Please do your own DD and follow your own trading rules.
All the best,
Luke
Quisitive Technologies, $QUIS.V Bottom In? Utilizing Linear Regression at Standard Deviations at 3,2,1,-1,-2,-3 You should see these data lines captures the trading range of Quis. The Time of the plot was adjusted to 175 to best capture what I think is the relevant data lines capturing the tops and *perhaps* now the bottom.
I have personally added here to a long position. Last week and today. The Link below is to my notes on the most recent earnings call. It can provide more colour as to how we got to where we are today. There is further work on my substack to add even more of a background.
Please do your own DD and follow your trading rules before entering.
All the best,
Luke
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.
Intelligent Systems [Target: $80] **Not investment advice, do your own research**
INS is a good value stock with great growth potential as the global volume of digital payment processing grows.
Paysign, a cheap buy Higher lows in the amazing oscillator.
Jumps in the accumulation/distribution indicator not reflected in the price properly.
70% below its all-time high in July 2019.
Close to a strong support level at $ 4.70.
Positive net profit margins.
Positive sales growth.
Moving average flattening.
With support from BlackRock, Renaissance Technologies, Vanguard and State Street Capital.
Everything seems to indicate that there will soon be a strong price shock and that the start of an uptrend is likely.
"Paysign, Inc. is an experienced and trusted prepaid debit card payment solutions provider and integrated payment processor with over 2.5 million cardholders in its portfolio. Paysign designs and develops payment solutions, prepaid card programs, and customized payment services for consumer , corporate and public sector applications."
NASDAQ:PAYS
Paypal - sitting at supportBullish technicals
PYPL has struggled to stay above the 200sma, which is still in an uptrend.
Today closing above the 200sma would we the third consecutive day doing so...
Risk reward ratio is 3:1
Bearish technicals
OBV has been trending lower, diverging from what the RSI is telling us.
We have a few layers of overhead resistance.
-----
Keeping on a close watchlist until technicals indicate otherwise.
$CMPY: This past +30% winner just signed a deal w/ Tech Giant...=====================
CMPY (Comepay Inc.)
Alert Price: $4.30
Float: 476.342K
Chart Analysis
========================
Members,
It's only Tuesday, and our trade ideas have already delivered as much as +187% in long-term profit!
For our next trade idea, we are revisiting one of our biggest winners of Q1 2019.
Please turn your immediate attention to CMPY (Comepay Inc.).
The last time we brought CMPY to your attention, shares of this up-and-coming payment solutions provider rallied over +31% from $4.00 to a high of $5.25!
Shares of CMPY have since pulled back to a much more attractive entry price of $4.30, but we believe its next run past $5.00 could start as early as tomorrow.
Here's why...
CMPY has recently added tech industry giant Asus to its already impressive client list, which includes automotive giant Volvo, and industrial juggernaut Bosch.
It's not often you see multi-billion dollar market cap companies sign contracts with little known companies like CMPY.
This leads us to believe that CMPY's technology is best in breed, and that the Company itself is undervalued at the moment!
It's no surprise that CMPY's management plans to uplist the Company this year,
If you didn't know already, CMPY operates in one of the most lucrative sectors on Wall St., with companies like Square Inc. delivering over +175% in returns within the last year.
Currently trading at $4.30 per share, we believe that CMPY shows traders much more upside potential than the bigger names in this sector.
This has the potential to be one of our biggest winners of Q1 2019.
If you missed out on CMPY's previous +31% run, you may want to consider jumping on board this time around.
That being said, we are urging all members to read our full profile, start their research now, and consider grabbing up a position in CMPY tomorrow morning at 9:30AM EST!
About Comepay
The Comepay group of companies including Comepay, RP Systems, M-NN LLC and Chek-online have been operating for over 11 years providing internet acquiring services and support, facilitating instant payments and internet-based payment transactions via kiosks, mobile interfaces and web-based applications such as electronic wallets. The Company also leases and sells cash registers and Point of Sale (POS) systems, including its recently developed proprietary multifunctional smart POS fiscal cash register system. Combining proprietary software and equipment, Comepay processes over 10 million customer payments per month and presently has more than 22,000 kiosks across Russia. The companies are currently focusing their planned business expansion on the smart POS fiscal cash register system called “Cassatka” in order to help businesses comply with newly released Russian taxation legislation, 54-FZ which requires 1.2 million businesses in fiscal 2018, and a further 1.4 million businesses in fiscal 2019 to install new, federally compliant on-line cash registers. The Cassatka, Comepay’s multifunctional smart POS online fiscal cash register can process payments and meet fiscal data storage requirements for participating businesses. It is a convenient and cost competitive solution for businesses to meet the new federal taxation requirements in Russia, and is currently being manufactured for distribution prior to June 2018. As the companies expand their business model, we expect to offer blockchain acquiring services and also to accept payments in multiple crypto currencies on the Cassatka. The Comepay group of companies presently earn revenue from a variety of channels including fee based commissions on payment processing for both cash and debit card payments, software licensing, kiosk placement fees and other rental fees for cash registers and associated equipment. The Comepay companies are looking to expand rapidly in fiscal 2018 and beyond as we introduce and market the Cassatka along with a suite of enhanced user features. Please see websites below: www.comepaygroup.com, www.comepay.ru, www.Cassatka.me, www.chekonline.ru, www.starrys.ru
Bullish Catalysts for CMPY
Added Asus as its newest customer in order to bring their online store compliant with Russian Federal Law 54, requiring businesses and individuals to use federally compliant cash registers, including a fiscal chip for processing sales transactions.
CMPY has been one of the market's top performing publicly trading companies, with shares up over 1,333% over the last 52-weeks!
Based on our very own chart analysis, we see the realistic potential for a +128% move.
Processes over 10 million customer payments per month and presently has more than 22,000 kiosks across Russia.
Added increased functionality to its smart terminals including the Unified State Automated Information System (“USAIS”) app, in order to simplify reporting of alcoholic beverages and products to the Federal Tax Authority of the Russian Federation, including the ability to issue industry compliant receipts for alcoholic products sold.
Upcoming release of a full-featured version of its app for iOS- and Android-based smartphones and tablets. Chek-online development staff are yet to disclose the name of the app and its exact release date, but expect the app to be launched no later than May of 2019.
Recently signed up Volvo (Russia) for provision of stationary smart terminal units located inside its data centers in Russia.
Entered into a lease agreement with Bosch, a global market leader in electronics and engineering, for provision of stationary smart terminal units located inside its data centers in Russia.
Upcoming release of a full-featured version of its app for iOS- and Android-based smartphones and tablets.
Partnership with Russian retail bank, Post Bank, for purchase and sale of the Cassatka, their fully compliant smart terminal cash register line to meet fiscal compliance legislation across Russia.
The Company has plans to uplist this year.
5 Reasons Why We Think CMPY Needs to be on Top of Your Watchlist
THE RIGHT SPACE
How are tech stocks in the market looking? Wall Street will tell you it’s the hottest investment market in a decade. It’s on fire, literally and figuratively.
INNOVATIVE PRODUCTS
CMPY is all about the payments.CMPY uses tech to make payments easier and more efficient. We believe this provides investors a unique opportunity to acquire an interest in an upcoming tech company that could be a leader in the payment industry.
UNDER THE RADAR
Being new to the market and hovering under the radar of Wall Street, we believe CMPY is attractive in comparison to its peers. And up until now, one of the best-kept secrets.
MASSIVE GROWTH POTENTIAL
The market opportunity for CMPY is HUGE! Comepay could take the mobile payment markets by storm.
THE BEST AND THE BRIGHTEST
Boasting a “top-tier technology that is unmatched in the industry”, the CMPY provides a one-stop source for everything payment related.
Recent Developments
IS CMPY GOING TO REVOLUTIONIZE ONLINE PAYMENTS?
Comepay, Inc. (CMPY) (“the Company”) is pleased to announce that its wholly owned subsidiary Chek-Online LLC, a leading manufacturer of fiscal cash registers in Russia, and developer of the family of Cassatka smart terminals has disclosed the upcoming release of a full-featured version of its app for iOS- and Android-based smartphones and tablets. Chek-online development staff are yet to disclose the name of the app and its exact release date, but expect the app to be launched no later than May of 2019.
The mobile app is designed to allow all users who have downloaded the platform to easily find outlets that use the Cassatka online cash terminal: view all available products, compare prices, receive discounts and immediately place orders for delivery to any location in the city, paying remotely using their bankcard.
The seller, in turn, will receive a notification about the online order on their Cassatka smart terminal, and will be able to process the order for delivery.
The details of the products featured on the app will be made available using the built-in accounting system provided with the fiscal cash register. Business owners can update their back end system in order for the app to provide details such as products for sale, number of units in stock, price and available discounts. All information provided in the app is automatically synchronized with the individual login account for the business owner and transferred to the app. Data transferred to the app is available for download by any interested consumer.
Currently, more than 20,000 individual businesses across Russia are selling their products and processing payments using our series of Cassatka online cash registers, with new users being added on a daily basis.
According to the Chek-online development team, this app is intended to establish a direct connection between the seller and the buyer, creating a comfortable environment for online. The app is also intended to drive potential customers to mobile storefronts and encourage online trade.
It was important to the Chek-online development team that users can compare both like products from storefronts in the same product category, as well as other product categories. As a result, potential customers are able to create a multi-category basket in the app pulling product from different stores into one easy to use comparison and purchase process. The app is designed to provide all the advantages and benefits that come with other online shopping providers. Customers will easily be able to access the necessary information about the products in order to quickly and efficiently be able to make an informed decision about online purchases.
Market Outlook
Global payments revenues swelled to $1.9 trillion in 2017, the best single year of growth in the last five years.
The Asia–Pacific region, including China—which currently accounts for the largest share of payments revenues (40 percent)—will continue to be the engine of growth. It will comprise 56 percent of the global increase in revenues during the next five years, with China alone accounting for 40 percent of the global increase. However, Western Europe and developed Asia, where growth rates have been negative in recent years, will also rebound. Cross-border payments and trade finance will benefit in the coming years as well, driven by the strong recovery expected in trade flows (which have a projected compound annual growth rate of 8 percent from 2013 to 2018).
This return to strong growth is being fueled primarily by sustainable volume increases, rather than less sustainable improvements in revenue margins, for both liquidity revenues (net interest income on liquid assets and deposits2 ) and transactional revenues (fee and float income on payments transactions). Indeed, margin improvement will barely contribute to the $410 billion increase in liquidity revenues between 2013 and 2018. Transactional revenues will increase by $340 billion by 2018 due to higher transaction volumes, despite the dampening effects of more regulation and competition.
Technical Analysis
We love alerting these past winners because we already have a good idea of their trading behavior.
From what we see right now, CMPY appears to be primed and ready to break through its $5.00 resistance.
Based on our very own chart analysis, we see the realistic potential for a +128% move.
With its low-float of 476,342K, CMPY appears to move on air!
On December 27th, we saw its share price nearly double on light volume!
We've already watched CMPY tick up over +31% in just a few days time.
If you missed out on CMPY's previous +31% run, you may want to consider jumping on board this time around.
This has the potential to be one of our biggest winners of Q1 2019!
As such, we are urging all members to start their research now, and consider grabbing up a position in CMPY tomorrow morning at 9:30AM EST!
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
Don't Miss Our Next Huge Winner...
Text 'GAINS' to '67076'
to have our Trade Alerts
Delivered Direct
to your Cell Phone.
(There is no charge.
Msg&data rates may apply.)
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated twelve thousand five hunded dollars by Awareness Consulting Network to conduct investor relations advertising and marketing for CMPY. We have been previously compensated ten thousand dollars by Awareness Consulting Network to conduct investor relations advertising and marketing for CMPY- which has expired. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.