EML Payments Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# EML Payments Limited
- Double Formation
* (Neckline) At 0.700 AUD | Subdivision 1
* Retracement Not Numbered | Uptrend Bias | Subdivision 2
- Triple Formation
* Flat ABC Correction | Entry Condition | No Trade
* Retracement Numbered | Subdivision 3
* Daily Time Frame | Behavioural Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
EML trade ideas
ASX Top 10 Momentum Stocks: 11 September 2023 - Finer Market PoiXETR:4DS NYSE:RDN FWB:CVB ASX:WC8 ASX:LDX LSE:ARV FWB:AD8 ASX:EOL NASDAQ:EML ASX:AW1
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Limited (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Limited (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
CurveBeam AI Limited (CVB): CurveBeam AI Limited is involved in advanced medical imaging technologies, particularly focusing on musculoskeletal imaging solutions.
Wildcat Resources Limited (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Lumos Diagnostics Holdings Limited (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Artemis Resources Limited (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Audinate Group Limited (AD8): Audinate Group Limited is a digital audio-visual networking technologies company, known for its Dante media networking solution.
Energy One Limited (EOL): Energy One Limited is a software solutions provider for the energy industry, specializing in energy trading and risk management software.
EML Payments Limited (EML): EML Payments Limited is a company in the payments industry, offering prepaid and gift card solutions, as well as digital banking and mobile payment services.
American West Metals Limited (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.
ASX Top 10 Momentum Stocks: 8 Sept 2023 - Finer Market PointsASX:4DS ASX:RDN ASX:WC8 ASX:LDX LSE:ARV SET:STP NASDAQ:BVS FWB:AD8 NASDAQ:EML ASX:AW1
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Ltd (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Ltd (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Lumos Diagnostics Holdings Ltd (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Artemis Resources Ltd (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Step One Clothing Ltd (STP): Step One Clothing Ltd runs the direct-to-consumer online retailer for underwear.
Bravura Solutions Ltd (BVS): Bravura Solution Limited provides software solutions for the wealth management, life insurance, and transfer agency industries.
Audinate Group Ltd (AD8): Audinate Group Limited is a digital audio-visual networking technologies company, known for its Dante media networking solution.
EML Payments Ltd (EML): EML Payments Limited is a company in the payments industry, offering prepaid and gift card solutions, as well as digital banking and mobile payment services.
American West Metals Ltd (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.
$EML $0.675 silently creeping along the break...This one has been grinding along for a while now and has finally started to take a decent shape. With not a lot of supply appearing at this key area, they may just be ready to take it out for a look see.
Still needs a few decent bites.
Holding from 665, with target in red
Good Quality Mean Reversion TradeThe stock has broken out of it's downward trend and side winding at the moment, there is a strong possibility for a mean reversion play - not the best RR but the probability of a mean reversion move is higher on this stock. Market conditions still make bullish trades difficult. I had bought and sold the previous support and now looking for a longer uptrend. Stop is tight due to market trend.
Open: 0.65
Target: 0.92
Stop: 0.63
Trade Active
EML - Could see one more leg lower?EML after making a high in late April, it plummeted hard. Since it found support, the recent price action looks like a dead cat bounce. This price action does not give confidence and there could be one more leg down in the cards. It has very strong support at $2.60 level where I have my Buy Zone (between $2.60 and $2.80). I may buy near my Buy Zone after bullish price action confirmation. Lets see how it progresses.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
EML - A breakout to a new ATH - but will it holdEML is an ASX listed stock in the By Now Pay Later space which has recently seen a lot of chatter.
Looking at the chart, the stock appeared to be in a long period of consolidation between early May 2020 to December 2020, with price mostly below the 200 day MA during this time. A break out from the consolidation range looks to have occurred during the first week of December 2020 with a new upwards trend establish which ran to around mid-Dec (around the 18th).
This was followed by a fairly sharp pullback to the 50 day MA which has been acting as support for the last couple of months. Following earnings on 17 Feb, the stock has seen a significant gap-up (around 12%), which has seen the stock consolidating for the last 2 months. Today (7 April 2021), the stock has had another significant gap-up (around 6-7%) which has seen price break out of the consolidation range. Today's movement has been volatile (around 10%) but if the momentum can be maintained across the next couple of days, I think this stock has a good chance of continuing its uptrend in both the short and long term.
Happy Trading,
Nick the Trader Guy
Check out my blog at www.nickthetraderguy.com to follow the progress of trader going from boom to bust to consistently profitable.
EML - May provide a Buying Opportunity SoonBullish Confirmation Indications
Recent price action has confirmed a reversal by forming a higher highs.
1. Price has formed higher highs
2. It has formed a Golden Cross
3. After forming a Higher High, price failed to continue upwards and is now pulling back
4. This pull back has come down and has entered in the Buy Zone and Fib retracement zone of( 50% - 61.86%) of $3.40 - 3.70
5. There is also a trendline support (confluence) which may also be a bouncing spot at $3.50
6. I will be confident to buy in the $3.40 - $3.70 region (Buy Zone).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
EML tradeIn at 3.12, was down a few hundred but decided to hold as the fundamentals look good and as covid-19 fucked off and the economy opened up the recovery of EML is inevitable. I will be moving my stop up to break even asap. Looking to see if it breaks the down trend and breaks the 3.85 resistance.
EML above 50 days SMAIf you ask me the basic technical analysis, EML is not yet back to the uptrend.
But i am still very confident for EML in in long term, as it's back to above 50 days SMA. Previous EML has been so well when you look at last few years. Most time seating positive above 50 days SMA
EML symbol="ASX:EML"]ASX:EML
(ASX:EML) EML Payments Ltd ASX:EML
EML Payments Limited (EML, formerly Emerchants Limited) are the provider of payment solutions in Australia offering payment technology solutions for payouts, gifts, incentives and rewards, and supplier payments. EML issues mobile, virtual and physical card solutions to some of the corporate brands around the world, and manages more than 1200 programs across North America, Europe and Australia.
Already invested
Cut my loss if stock breach 61.8% Fibonacci Retracement on Weekly Closing basis.
Close watch for next.
Also, sector might face some4 challenges in sector and company focus on gift cards, probably have business impact.
Selling can intensify in coming trading sessions and god only knows where it will stop.
I am long for a while and booking loss. A loss should be treated as a business loss. Never be afraid to expect trade.