markofswe

PagSeguro Digital Potential 50+ % Gain

Long
NYSE:PAGS   PagSeguro Digital Ltd.
Looking at the chart for PAGS it has just formed a double bottom on the daily at around $ 43 which now acts as support.

On the volume, you can also see a nice big green candle on the daily indicating that Big Money in interested in this company.

The RSI and Ichimoku are now pointing up, the Stochastic RSI is about to turn and the MACD on the 4 hour is already turning.

From the 4 hour to the daily chart it looks like PAGS has bottomed and going up from here.

I'm long term on this one 3-12 months:

TP1: $69-70 which would give around 55 % from here.

TP2 - $77

TP3 - $82





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