NCR Voyix unveils new self-service kiosk. Trading idea 20/05/24
NCR Voyix Corp has launched a new self-service kiosk named Aloha Kiosk, catering to the rising demand in the restaurant sector, which continues to feel the impacts of the COVID crisis. The Aloha Kiosk, integrating the company's GRUBBRR software, is designed to streamline customer experiences by supporting various payment systems and enabling orders without direct interaction with restaurant staff. Additionally, it features an interactive search function that helps customers quickly find products and receive tailored offers.
Considering these developments, let's explore the potential trading opportunities for NCR Voyix Corp (NYSE: VYX):
On the Daily (D1) timeframe, the stock has formed a resistance level at 14.80 USD and support at 11.35 USD. Recently, the stock has broken through the resistance line of the downtrend, indicating a local uptrend. While it is premature to declare a change in the global trend until the resistance level is decisively breached, there is potential for further growth. In the case of a trend reversal, a downside target could be set at 9.60 USD.
If the uptrend continues, the short-term target could be 17.45 USD upon breaching the resistance level at 14.80 USD. In the medium term, the price may rise to 19.05 USD.
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Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Considering these developments, let's explore the potential trading opportunities for NCR Voyix Corp (NYSE: VYX):
On the Daily (D1) timeframe, the stock has formed a resistance level at 14.80 USD and support at 11.35 USD. Recently, the stock has broken through the resistance line of the downtrend, indicating a local uptrend. While it is premature to declare a change in the global trend until the resistance level is decisively breached, there is potential for further growth. In the case of a trend reversal, a downside target could be set at 9.60 USD.
If the uptrend continues, the short-term target could be 17.45 USD upon breaching the resistance level at 14.80 USD. In the medium term, the price may rise to 19.05 USD.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
