$sopa could be ready to move upNASDAQ:SOPA
I feel were in a good buy area for this stock. make sure to check the fundamentals before investing.
thanks
SOPA trade ideas
A free one about $SOPABased on our technical analysis, NASDAQ:SOPA is trading in a range between $1.8 and $1.9. This range formed during a notable period following the regular market close. We believe it could soon surpass $2 or even reach 20% of the price at the time of publishing this analysis. The stock is in good shape for intraday or swing trading if looking to enter near the $1.75 to $1.8 levels.
We’re giving you this courtesy signal, so you know where you saw it first.
SOPA might bring some lootWell who knows. I am just checking the daily, price, and the volume and willing to take some risk on this one. Currently sitting @1.50. Stop loss I would say @1.20. So a price target to 2.10 will give a good 1:2 risk/reward.
It might not happen, but this is the risk.
SOPA cute looking stockWhy SOPA at this price range of $2.13. It is not breaking any major price action yet. But the volume is increasing under the radar. So I decided to take a trade on this.
Target 0.61Following daily chart.
Got a long signal.
TP - EMA100 or 0.61
SL - 0.47, not a hard stop, following indicator stop.
SOPA | Good Time to Enter | LONGSociety Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. It operates in two segments, E-Commerce and Merchant POS. The company's e-commerce interfaces include lifestyle platforms, such as Leflair App and Leflair.com website; food and beverage (F&B) delivery platforms comprising Pushkart App, Pushkart.ph website, Handycart App, and Handycart.vn website; merchant software segment that consists of #HOTTAB Biz App, #HOTTAB POS App, and Hottab.net website; and loyalty platforms, such as Society Pass App and SoPa.asia website. Its loyalty-focused and data-driven e-commerce marketing platform interfaces connect consumers with merchants in the F&B and lifestyle sectors. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.
SOPACould reversing. Needs Volume. RSI oversold, curling up from lower half to middle. Needs to hold above todays close and keep closing higher to break out. Former break out runner, and then seems like the Pullback can be reversing.
$SOPA price reversal around our RS 23$that's why always we say take profit around the resistant levels , we got rejected near our RS 23$, and we didn't hold this time our SP , which triggered the price to go further down .
$SOPA entry PTs 9.65-12 Target PTs 22-27 and higherOn Sunday, Society Pass announced that its stock was being added to the Russell 2000 Index, effective at the open of the U.S. markets on Monday, Dec. 20. This index comprises 2,000 U.S.-listed small-cap stocks (stocks with market caps of $300 million to $2 billion).
Stocks almost always get a big boost following news that they'll be added to a major index because this means that index-based funds will have to buy them. Moreover, this type of news also increases a company's exposure to the investing community. As more investors become aware of the existence of a publicly traded company, some of them will probably decide to buy its shares.
According to the company's website, it's "building the next generation loyalty and data-focused marketing platform in Southeast Asia and South Asia. .... As more merchants and consumers in SEA and South Asia register on our Society Pass platform, more transaction data is generated. With more data generation, there are more opportunities for creating loyalty from consumers to merchants."
Society Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. The company's e-commerce interfaces include consumer facing segment comprising SoPa food & beverage App, SoPa.asia F&B Marketplace website, Leflair App, and Leflair Lifetyle Marketplace website; and merchant facing segment, such as #HOTTAB Biz App, #HOTTAB POS App, and Hottab.net admin website. Its loyalty-focused e-commerce marketing platform interfaces connect consumers with merchants in the F&B and lifestyle sectors. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is based in Carson City, Nevada.
$SOPA ready to pump again almost 50% if we hold our support SOPA ready to pump again almost 50% if we hold our support above the 16$, that will squeeze the price till the next resistant level around the 23.98$.
