Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:PSFE ...
I believe this code is at a point of potential volatility.
If price can hold above $14.64 ... Bullish potential may be unlocked.
My key upside targets include:
- $16.59 (Conservative)
- $19.47 (Medium)
- $25.18 (Aggressive)
...
Analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
This ones been beat down all while expanding business. Very interested in seeing what they do with crypto. Anyways it's set for future they are just accumulating imo waiting for economic recovery which imo isnt happening yet. But it should perform well regardless at these levels. I see it easily hitting $5s if it holds after retesting the 20 day ma (blue line...
Recent strategic partnerships and acquisitions, insider share buying, trading under a 2.0 P/S with ~ $1.5B annual revs and $120B transactional volume, and significant gaps to fill on the chart all make PSFE a no-brainer buy at these levels.
Just my personal opinion, not investment advice.
See where the RSI went into oversold territory, and is just going sideways bc it can't go lower? That end of the hockey stick in going right into retail investor's butts. the longer it gets, the more the gay investors like it. FU PAYSAFE
PaySafe should correct fairly hard after being shorted and dumped out over the past few months.
Wallstreet analyst price targets range from $12 to $17.
Pay safe has a falling wedge.
Looks to be getting ready for a reversal.
Price looks to be gaining the 50ma.
Risky has their is earnings today so it could be a good idea to be patient.
tight sl if trading this today.
DYOR.
Disclaimer
First post, so this analysis could be wrong and I am still learning as we trade everyday. These are subjective and we tend to see what you want to see. Having cleared that now:
Analysis
1) Descending channel and waiting for a breakout signal. As usual, a surprise in the upcoming earnings could be a catalyst.
2) So? Targets:
In the short term:...
NYSE:PSFE
Possible Scenario: LONG
Evidence: Price Action. fill the gap
TP1: 8.43$
TP2: 9.45$
Call options, Strike 7$, 12/17/2021
Call options, Strike 9$, 11/19/2021
*This is my idea and could be wrong 100%
