$PAYO - WATCHLIST -
Added 2024-05-08 17:25:31 +0000 UTC$PAYO I uploaded at the start of the week as a potential to watch for a positive earnings release.
I said I use this service with Patreon and although it needs to be improved, it is a little cheaper compared to its competitors and they could improve on a few small things.
Report came out today and beat on their EPS estimates by 48% and revenue by nearly 8% and the share price is now up 11% and most importantly, broken out of this long wedge as we were showing.
We don't chase 11% days but what we want to see is a retest of the wedge breakout level at $5.40, which is also the 200 Day MA....making this a very strong confluence level, a retest and hold of support here and you have your buy signal
Targets above are showing substantial returns at these prices.
