Urameshi_Trades

Paysafe Falling Wedge

Long
NYSE:PSFE   Paysafe Limited
Paysafe is relatively new to the public market after being SPAC'd public end of March.
This company has been around for a while now as a private company and at one point was a public firm.
I like this stock, has a few big names as clients: $COIN, $RBLX, $DKNG

I think it'll be a slow burn, so I hold shares.
Falling Wedge pattern with earnings report May 11th.
You could wait until after earnings to see how it is, but I think we'll see a breakout of this pattern due to earnings .

By the way, if you have information about $PSFE, feel free to comment.

Comments

Yusuke Urameshi
+1 Reply
Any thoughts now?
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@GDito77, Broke pattern to downside, I don't provide financial advice but they did have a decent earnings report. SPACs are being beaten down in this market so I'm with you not sure what to do.
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