I expect once the Covid-19 pandemic is over and the retail, tourism and hospitality sectors are back and roaring once more, we can expect better sales revenue for PAX Global .
However, with the emergence of E-commerce where payment is made via mobile phone, this could be its strongest competitors. (think QR codes, mobile apps, etc)
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From the March low, it has skyrocket its share price to more than 100% returns on 18 Aug 20 and is currently undergoing a correction. If it closes the 2nd gap and sits on the support at 3.69, I will initiate a long position.
Put this in your watch list.