PAYO is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on
that alone... PAYO hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make
me feel certain it can punch through.
If the price breaks through the resistance level it will probably move up to the $7.52 where it may meet further resistance. If the price reverses and heads back down lower, it looks like the nearest support level is $4.58 it may head back up from there or break lower.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
