SPT 0.00% 80.0¢ splitit payments ltd

SPT has risen exponentially since the float, great news for...

  1. 650 Posts.
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    SPT has risen exponentially since the float, great news for those that got in early and enjoyed the growth along the way.
    Hopefully not too many trapped around the all time highs from only a few days ago. Although the potentially is still there for the price to head towards $2 sometime in the future.

    Ok for a technical point I have my thoughts below.
    Summary is, I would watch for the SP to head towards $1.35 given a few of the technical pattern indicators.

    15 min chart
    I have resistance at 1.35. Would like to see this broken tomorrow.
    Support here is at 1.26 and I would not like this to be broken.
    RSI is sitting at 32 so touching oversold territory.
    MACD crossed above signal a positive sign
    Based on this I would expect the price to head towards 1.35


    Hourly chart
    Green candles the last 2 hours which is good to see so perhaps the downtrend has been broken?
    MACD still below signal but showing sign of turning so will be important to watch the early flow.


 
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