5 good reasons for NYSE:GPN
1. Break out from the corrective channel
2. Rising MACD histogram
3. Buying Volume coming in
4. Pocket Pivot on the last day
5. Analysts have set a mean price target forecast of 160.17. This target is 20.33% above the current price.
What's your take on Global Payments? Comment below
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The PEAD projected a Bullish outlook for $GPN after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
The PEAD projected a Neutral outlook for $GPN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
1. strong upward movement
2. consolidation in the form of a Flag
3. breakout out of the chart formation
4. Rising volume at the breakout of the trend line
Another new ticker I added to my watchlist is global payments inc. This one has alot of potential if it can hold this level here after pushing through the sma's...Usually I like to play the first move, this will be an attempt of the second move off the smas...
Prices have traded back above the lower end of the ORANGE zone at 123.99, re-tested it and now look poised to move higher towards 137.37+
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Description
This is essentially a "buy the dip" index play intending to ride a retracement as GPN tags and bounces off of a major support level @ 119.
Sort-of Hedge for heavy short account.
Using a call debit spread to bring the price down and reduce risk.
Call Debit Spread
Levels on Chart
SL < 119
PT : 135
*Stops based off underlying stock price, not mark...
Market isn't just liquidating the high momentum, hyper-growth, type stocks.
Traditional valuation metrics and dividend seem to be of little interest at the moment, for $GPN investors.
#GPN i recently made and uploaded a video on GPN discussing how this company has had solid earnings and even established a partnership with PYPL to start accepting crypto currencies as payment, aside from the fact it's a global processor for credit and debit cards it has a SAAS service it provides for business owners as well. All in All i feel this play has been...
How low will she go?
Other payment processors are following GPN down, but if I remember correctly, this one started plummeting first.
The top is ugly, and GPN has fallen to the 100% of the complicated multiple top pattern. You can get a guesstimate by drawing a trendline from the head to the neckline then projecting it downward. The neckline can be found by...
Stigmatized with legacy payment concerns?
Non-participant in recent market rally.
Arguably oversold ...
Can we might anticipate a bounce:
• to the mid $170s (see green line) or perhaps
• low $180s (see anchored VWAP, yellow line)
Does OBV ever really act as a coiled spring?
Consider as candidate for accumulation on further weakness, in long-term investment...
