Splitit has fallen beyond 90% from all time highs. In respect to fibbonacci re-tracement and extension going downwards, I'm hoping to add more positions at 15c and 9c.
Splitit at previous bottom yet reporting record revenue for this quarter. ~100 mil market cap is low so don't think there is much downside left. Not sure if this thing will still move lower but I think the potential R:R of another explosion upward on record Christmas season revenue is too good to pass up. Can be 10x like previous moves upward. I have bought some...
SPT has clearly broken out of its descending wedge with very high volume indicating that the downward trend may have changed. The current price action shows that price is pulling back and any bullish price action may get me involved. I would be a buyer after it prints bullish price action and I will be targeting the Resistance level of $0.850, a good potential...
High-risk trade as my general rule is if the price is below the 200 ema, only look for shorts and vice versa.
This is only a bit of fun for me and practice
Please refer to the chart,
Possible reversal of down channel, bullish divergence on both RSI, MACD CROSS and TSV with OBV ticking up + volume slowly increasing.
Ideally would like to see a break/close...
Bullish Confirmation Indications
Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up.
Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong.
1. Price has been supportive at the support level of $1.00 - $1.30 zone
2. There also lies a trendline...
hey traders,
looking at this 4hrly flat being complete and we now have a 15min impulse & correction signaling continued upside.
trade safe.
regards,
MIC
The high that was created by the hype during its IPO is ready to get taken over by the hype that's created from a cashless society.
TA,
- MACD daily golden cross
- MACD volume increasing
- Demand volume increasing
- Broke out of bullish pennant
- Bullish Moving averages
Hoping for some consolidation at this level due to 2 massive supply tails at 1.915.
Watch...
$SPT.ASX creeping up and the chart looks good however I think it is Overvalued
Splitit Payments Ltd (SPT) is a technology company providing cross-border credit-card based instalment solutions to businesses and retailers. Splitit enables merchants to offer their customers to pay for purchases in instalments.
Doesn't look like as good as Afterpay, ZIP and OpenPay but still BNPL market is growing, I think I can have a little investment in this one.
Also, looking at historic data it jumps pretty drastically up & down - doesn't look very stable.
I will buy and hold between $0.93 to $1.00 range.
P.S: Please note these are my own notes for future reference. By no means...
Split Payment(SPT) fell below critical support at 1.350 in yesterday's trades but bounced back in today's opening trades. Today's turnaround will only be sustainable if it holds above 1.350, else support remains at 1.180
Splitit in the Visa firing line
Splitit's BNPL service differs from that of its competitors in that it allows customers to use their existing credit limits to pay off purchases in interest-free instalments. With Splitit, there is no need for additional registrations or applications — buyers can make use of the platform through their existing credit cards.
While...
hey traders,
i have a position in this stock. on monday they have a 25min webinar showcasing their FY2019 performance and objective outcomes. allow this to break the low and reverse. daily abc. This is a penny stock. volatility is to be expected. my position is at 50c. i will hold this pair to break $2.
regards,
a ballsy fucking trader.
