All,
** Keep in mind this is 300M float i'd watch for hedge entry / big news or ER before entry. Any small candles are irrelevant to me. Need a sign.
PSFE overall decent company, promising outlook financially. They actually have a positive profit margin. However, not out of the woods entirely. I say options here, because I am not for certain it will break that...
Paysafe Limited provides digital commerce solutions to online businesses, SMB merchants, and consumers through its Paysafe Network worldwide. It offers digital wallet solutions under the Skrill and NETELLER brands, which enable users to upload, store, withdraw, and pay funds and APMs from a virtual account; Knect, a Skrill-related loyalty program; Net+Prepaid...
Descending wedge is showing more downside. Been a significant range for awhile now and weak price action is showing confirmation that this wants to head lower. I hope I'm wrong but would set buys for around $6. Think this is a great long term stock that has been unnecessarily beat up and manipulated. I think we see a solid bounce once weekly RSI is oversold and we...
This company is trading at a ridiculous price to sales. Finviz says 4.28, in an industry that has multiple companies trading at 30+. This stock is cheap, trading below a gap, and, is in a great industry, sports gambling. It has acquired new companies this year in South America, and is set to globally fleece degenerates who want to punt their money for the next...
Earnings drop and now in recovery. Acquisition of PagoEfectivo was successful, PSFE has now a new market opportunity in latin america. Will present at the Deutsche Bank Technology Conference on Friday --> Possible Catalyst
Paysafe Limited is an integrated payments platform. The company enables businesses and consumers to connect and transact in payment processing, digital wallet, and online cash solutions.
A decreasing trend of Paysafe can be seen since January. As we can see, there is a bullish confirmation indicated by MACD. Moreover, RSI shows an increasing movement. The price...
IMO PSFE is in oversold territory and looks like it's going to breakout of a wedge on the daily and as a bonus a gap fill from $9.50 to $10.16 looks like a possibility.
Paysafe Limited appears to be taking step 1 in a series of steps it must take to reverse the long downtrend it has been in most of the year.
The price is currently battling at the .236 fibonacci area from the previous swing high around $13. If bulls cannot hold above the .236 of this swing, then that means much more downside is likely.
Keep in mind, that when you...
very nice downtrend channel that confirms this still is still in a bearish wavem decent risk reward if we add puts here with stop loss around 11, look for a dump to 8.8-9.5 in short term. do not forget to secure profits where you see them. you guys know how i feel about recent IPOs, 80% of the time or more they pump at the start and the go bearish for a long time,...
- PSFE is starting the rocket engine for a massive rallye. Instutions got their cheap shares and are ready for blast off!
- Bullish Divergence on the RSI
- MACD turned green
Please see details in the chart for the entry price on PSFE. Exit prices are the 0.382 and 0.618 retracement levels. Don't buy yet, it looks like it's heading to 8 dollars by around September-November. Easy money at that point, just a matter of waiting. Good luck, trade safely, and let's make that money!
Based on analysts consensus - target price is 16.43
It coincides with my analysis.
Price moves impulsively, now forming a flat pattern at the broken trend line and the extreme of the first impulse.
Upside 25% clear, IMO.
Not a financial advice, just in case)
![PSFE: PSFE [Long]](https://s3.tradingview.com/3/3JiCUkVI_mid.png "PSFE [Long]")
