REVENUE READY TO TAKE OFF?
Revenue core business is primarily focused on online payment transactions acquiring, with emphasis on payment solutions, transaction processing and customer loyalty program. (EDC, Lazada, Taobao, RevPay and etc)
1. Recent contract secure to provide MyDebit Malaysia's tokenization platform (TSP) for Payments Network Malaysia Sdn Bhd.
2. Recent teamed up with Huawei to develop an e-Services Hub for SMEs.
3. Recent acquiring artificial intelligence (AI) company Wannatalk Malaysia Sdn Bhd in a move to enhance its electronic payment (e-payment) solutions and technologies for banks, financial institutions, merchants and card issuers.
Above are the Revenue fundamental facts that everyone can google. Let's talk about Technical Analysis portion where not everyone know how to interpret.
---17 Nov 2020: Price gap up and spike 6.56% with huge huge volume. (Strong demand)
---20 Nov 2020 & 2 Dec 2020: Another big volume enter (surpass volume MA50)
---7 Dec 2020: Another big volume enter (surpass volume MA50) -- Shooting star doji candle (might due to T3 sell out)
---11 Dec 2020: Another big volume enter (surpass volume MA50) -- Solid candle with momentum
Another wave will trigger if able to break RM1.30. Strong support at 1.22 with only 4.5% risk!!!
Let's see how the price move next week.
Disclaimer: Buy at your own risk, kindly consult your remiser for any investment advise.
1. Recent contract secure to provide MyDebit Malaysia's tokenization platform (TSP) for Payments Network Malaysia Sdn Bhd.
2. Recent teamed up with Huawei to develop an e-Services Hub for SMEs.
3. Recent acquiring artificial intelligence (AI) company Wannatalk Malaysia Sdn Bhd in a move to enhance its electronic payment (e-payment) solutions and technologies for banks, financial institutions, merchants and card issuers.
Above are the Revenue fundamental facts that everyone can google. Let's talk about Technical Analysis portion where not everyone know how to interpret.
---17 Nov 2020: Price gap up and spike 6.56% with huge huge volume. (Strong demand)
---20 Nov 2020 & 2 Dec 2020: Another big volume enter (surpass volume MA50)
---7 Dec 2020: Another big volume enter (surpass volume MA50) -- Shooting star doji candle (might due to T3 sell out)
---11 Dec 2020: Another big volume enter (surpass volume MA50) -- Solid candle with momentum
Another wave will trigger if able to break RM1.30. Strong support at 1.22 with only 4.5% risk!!!
Let's see how the price move next week.
Disclaimer: Buy at your own risk, kindly consult your remiser for any investment advise.
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