I can't identify any significant patterns here other than a clear tightening downtrend. It is moving down on low volume, and there is no strength in the trend. Stoch RSI shows it is already being oversold, which can facilitate the downtrend but is also a precursor for a reversal. The SAR indicator supports the downtrend hypothesis, but ADX confirms the trend is...
PAYBTC on a rising channel, bouncing from uptrend line. a confirmed break of downtrend could lead to new ATH, but more concervative TP levels can be found along upper line of the channel and previous resistance levels. WNZ Get live updates and analysis of the cryptocurrency market: t.me
PAY is looking for it's next big reversal, and it's going to find it sooner than later. A bounce off of .00095-.001 support is the most probably case, with the chance of breaking through support and falling to .00078. As you can see, PAY is consolidating and forming a bullish pennant, similar to NEO earlier today. I'd advise a buy in price of maximum .00102, and...
So PAY is a really interesting crypto which aims to remove the barrier between crypto holders and fiat businesses. They do this through ATM cards (real and virtual) which can function as a regular debit card using the major cryptocurrencies (BTC, DASH, LTC, ETH and more). By holding PAY, you earn a percentage of the transactions as well, which is paid out in...
On April 20, 2017, VeriFone Systems ( PAY ) crossed above its 150 daily moving average (DMA). Historically this has occurred 49 times and the stock does not always move up. It has a median gain of 4.104% and maximum gain of 33.911% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 43.0767....
On March 30, 2017 VeriFone Systems (PAY) crossed below its 50 day moving average (MA). Historically this has occurred 97 times. When this happens, the stock does not always continue to drop. It has a median gain of 6.329% and maximum gain of 55.442% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI)...
NYSE:PAY "Verifone is the maker of electronic payment terminals, including Europay, Mastercard, Visa (EMV) systems which accept credit cards with chips. As of October 1, merchants using non-EMV compliant terminals began assuming liability for fraudulent transactions, a liability previously held by the credit card companies. The shift in this liability should be...
If PAY opens below 30.40, Retest Gap. If PAY opens above 36.49, Perfect Gap N Go but strong targets at 37.78 and 38.59 To learn to trade these strategies for free go to www.RealLifeTrading.com
A clear reverse head and shoulders formation in Verifone after a solid earnings beat yesterday. I'm keeping a tight stop loss at 32.66 and looking for the stock to reach the 'neckline' which gives it about 13% upside. The risk/reward ratio is very appealing at approx. 5. There's also a bullish break above the 30 level for the stochastic oscillator. This indicates...