In terms of fundamentals, $MTCH is quite attractive and considered undervalued, it is also a sector leader
They also pay a modest dividend too of 2.4%
There is a possible Cup formation here but it needs to break above the yellow trend line at $35 and the 50 and 200 Day MA are in the way too
But if the price action can hold above $35 then there is a route to the top blue line again at $54
Worth keeping an eye on.
Martechnic
2024-12-17 12:29:27 +0000 UTC