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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.