Picked up this name via one of my scans.
Payoneer Global Inc. operates a cross-border payment and commerce-enabling platform that facilitates digital businesses, online sellers, and freelancers worldwide to receive and manage their international payments. The technical structure for the name is starting to appear attractive with the following being key drivers: (1) MACD above centre line, (2) RSI breakout(3) price above IPO demand/supply zone (4) price regaining the 50-EMA, with a first close above the 200-day SMA (5) A pick-up in volume post it's earnings. Long above $10.30, with a stop of $9.25.
Last Close: $10.75
Payoneer Global Inc. operates a cross-border payment and commerce-enabling platform that facilitates digital businesses, online sellers, and freelancers worldwide to receive and manage their international payments. The technical structure for the name is starting to appear attractive with the following being key drivers: (1) MACD above centre line, (2) RSI breakout(3) price above IPO demand/supply zone (4) price regaining the 50-EMA, with a first close above the 200-day SMA (5) A pick-up in volume post it's earnings. Long above $10.30, with a stop of $9.25.
Last Close: $10.75
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.