|Day Low/High||13.80 / 14.65|
|52 Wk Low/High||9.60 / 19.50|
Let's look at the charts of this SPAC behind the Paysafe deal.
Traders have to move very quickly to stay ahead of the game.
All these names, I believe, have potential positive catalysts, but they all can drift lower in a poor market.
If the indices were a stock, I wouldn't buy them, but there are many individual stocks that look quite appealing.
Nothing has been more important recently than the power of stock picking.
Study those charts and be ready to act as things develop.
BFT is buying Paysafe, an integrated payments platform that I like.
I feel like I've been in a wrestling match with the technical issues and big moves.
This looks like consolidation after a big run rather than a major shift in market character.
As this story becomes more widely understood, it should attract additional interest.
There is some good dip buying on my screens in the early going.
For now I'm pushing and trying to stick with strength the best I can.