The Long Investor

$PAYO

Added 2024-05-03 19:37:53 +0000 UTC

$PAYO have their earnings out before the market opens on Weds, it's a payment processing company which I use as part of my Patreon service....to be honest, the service could be better but the fees are better than its competitors but the service needs to be improved if I am being honest.

The company is only on the exchange since 2021 so growth can improve the company, so is there an opportunity here?

Price is getting very tight into this wedge leading into earnings this week and it is sitting between the 50 and 200 Day MA.....a solid beat on earnings could allow this to break out of this wedge and the targets are above as shown at $8 and $10, right now the share price is at $5....losing the wedge and this is in a difficult situation and back down to $3.37 is possible.