FLYW trade ideas
Stock Idea: $FLYW (27 Jan 2023)$FLYW
- building IPO base, in the works for months
- Tightening up at 10 DMA
- Low cheat entry, with potential to test $28 pivot of IPO base
- Young stock, IPO-ed 2021
Symmetrical TriangleFlywire is not flying along.
This is a neutral pattern.
ATH is 57.41 (I wish I had spotted this then)o:
Low is 14.56. If this falls below 14.56 there is no support.
No recommendation.
Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. Flywire Corporation was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
EPS (FWD)
-0.05
PE
-
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
3.13%
Market Cap
$2.44B
$FLYW Daily Cup Setup$FLYW is a strong new issue that is building a nice little cup base right below that $50 supply line.
Would like to see it put in an inside day tomorrow and quite a bit before it moves out. Not sure there is enough evidence supply has been exhausted
