FOUR must re-establish channelFOUR got sold off pretty bad and retreated quite a fair bit from recent highs.
Tech sell off took this below but seeing this might be able to pull off a return to get back in its up-channel & regain its 50 day sma.
FOUR trade ideas
Hold on !$FOUR is unable to break up to new highs.
Earnings are coming
The first swing must use EMA 21 daily as support
The second, will use EMA 50 daily
$FOUR Could Breakout SoonYou really can't ask for a better looking chart. Shares have formed a cup and handle pattern, and in the past this stock has reacted well to these parabolic movements. They have also broken that psychological $100 level. $FOUR could easily hit $115 within the near future. Good Luck!
FOUR good Company .. respecting MA 20 and 50 in the past could make it agin to ATH ( all time highs)
Disclaimer: ideas NOT investment Advice!
Take your own Risk!
FOUR forming supportFOUR has had a phenomenal run with its up-channel from IPO and whilst the recent breakout above has come back fairly quick, I'm encouraged by seeing it attempt to form support out of its previous resistance band at 82-83. I've drawn in some extended lines of the channel that may act as some guide if this continues on such a path.
Long with FOUR but would set a stop if this fell too far below either the 'speculative' channel line or broke the next support zone of 70-71.
FOUR BUY OR LONG , TARGET $90FOUR waiting buy at : $77.6 , Double Bottom , target $90 , stop loss 5%.
FOUR - LONGTechnical look good. Only downside is there isn't much space to the upside. There is a lot of resistance around the $75 area. However, due to recent news and trend they're more likely going to the upside than down.
-Bot shown on chart but it's actually a 50% retracement on larger swing low and 61.8% on shorter swing.
-Bounce back of previous resistance and trend line touching is a good sign. However, each bounce is a higher potential for a break. But in this case the trend hasn't broken so the trend is your friend.
Previous support looks like resistance so would like a bullish bar breaking that to show upwards potential. And would Ideally enter on the PB. Small position in now and larger on the PB of the break.
I'd take profits at $75 and let the other half run further with a tighter stop.
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SHOULD the low break. Upwards trend is done it'll maybe range for a cycle or two then continue down.
FOURThis one looks to be on its way back to retest the highs before major drop or breakout. Happy trading peeps
Four BUY SIGNAL with 8 confirmationsTechnical analysis.
- Flash BUY signal
- 8 confirmations in its uptrend
- run up to Earnings
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
i'm a stock pumper nowFOUR is a recent IPO, recent lockup is out of the way
it's a SQ competitor at about 5% the size
they've also got a storefront solution similar to SHOP
it's found sellers at 65 a handful of times, if it can clear that it should have a nice run
Four cup and handle patternNYSE:FOUR broke out of the cup and handle pattern with a bullish gap up, and is now targeting 69.3$, any pullback towards the neckline at 56.2$ is a buying opportunity. Place stops at 49.5$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
$FOUR has cleared LT support and ST vwap resistance.$FOUR has cleared LT support and ST vwap resistance.Expectation higher !
$FOUR has cleared VWAP resistance and support$FOUR has cleared VWAP resistance and support.Expectation higher.
FOUR - Likely to break out?Suddenly i remember the song "How long has this been going on"
For no reason.
Probably conviction in the pattern
Text book type.
And still some refuse to buy on breakout.
so i repeat "How long has this been going on"
Jokes apart expect a good 12$ move on this stock based on height only.
More shops getting open i expect stock to go up.
$FOUR Shift4Payments New kid on the blockNew listing and trading in a defined up channel right off the bat. Maybe an opportunity to enter at a test of the bottom of the channel 40. One to watch.
Recent IPO + hot sector! Quiet period ending Jun 30thIndependent payment processing and financial technology company
Lead:Citigroup, Credit Suisse, Goldman Sachs
Co manager: BofA Securities, Morgan Stanley, RBC Capital Markets, Evercore ISI, Raymond James, Suntrust Robinson Humphrey, Wolfe Capital, TD Securities, Telsey Advisory Group
