RickVaughan

PaySafe (PSFE) looking for $6 and weekly oversold before reverse

NYSE:PSFE   Paysafe Limited
Descending wedge is showing more downside. Been a significant range for awhile now and weak price action is showing confirmation that this wants to head lower. I hope I'm wrong but would set buys for around $6. Think this is a great long term stock that has been unnecessarily beat up and manipulated. I think we see a solid bounce once weekly RSI is oversold and we approach bottom of the triangle. Long hold for me, i.e. 4-5 years.
Penafian

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