MPAY (27/11/2020) forming symmetrical triangle
On daily chart, MPAY is forming (slightly) symmetrical triangle with Resistance 0.185 and Support 0.135 with EP 0.155 (RRR 1:1.5).
In last impulsive wave, it leaves a breakaway gap at 0.105-0.125 zone. If price we’re to test the support 0.135, it could continue going down to fill this gap.
MACD already send a signal for breakout, and RSI is showing momentum building up. Volume is quite good today.
MPAY has quite large balance float (47% of 710M shares) compared to its closest competitor DATAPRP (36% of 591M shares). This could create some friction to its price action.
MPAY has been classified as Syariah compliant on 26-November-2020, therefore would increase buying interest from Syariah buyers.
TAYOR
In last impulsive wave, it leaves a breakaway gap at 0.105-0.125 zone. If price we’re to test the support 0.135, it could continue going down to fill this gap.
MACD already send a signal for breakout, and RSI is showing momentum building up. Volume is quite good today.
MPAY has quite large balance float (47% of 710M shares) compared to its closest competitor DATAPRP (36% of 591M shares). This could create some friction to its price action.
MPAY has been classified as Syariah compliant on 26-November-2020, therefore would increase buying interest from Syariah buyers.
TAYOR
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.