USA Stocks discussion - Part 3

sumako

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So mad!
I rage sold rddt at 101!! Fml...

Bro, can do for sofi and grab?
you play so big. i do for you.



sofi classic textbook, mini cup with handle. mini bull. slow and steady.
stay above 13.92 all is in order.




grab trying to reclaim the 21 ema with low volume. seller more than buyer, need some time.
 

sumako

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low profile leader. a bro here mentioned he brought this stock. i scanned it and place it under watchlist.

i was wondering how the hell he came across this stock. very good!
 

sumako

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alab finally push thru after consolidation for 2 weeks. ready to take-off? the first pull back with big gap down break the support line. however support steps in and push the price back above with huge volume. second attempt to test the support and got push back as well which is a good entry point.




hims at pivot. watching for push thru.




rddt day 2. watching very closely.
 

stanlawj

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I know Adam Khoo likes Visa and Mastercard for his investing portfolio. But... danger ahead. Imagine AAPL also adopts stablecoin for Apple Pay!!

Visa & Mastercard Stocks Drop 4% as Walmart and Amazon Explore Stablecoins​

https://www.tikr.com/blog/visa-mastercard-stocks-drop-4-as-walmart-and-amazon-explore-stablecoins

Visa (V) stock dropped nearly 5% today following a report by The Wall Street Journal that retail giants Walmart and Amazon are exploring the issuance of their own US dollar-backed stablecoins.

The report suggests that these companies, along with other multinational giants such as airline operators and Expedia Group, are considering crypto tokens as a means to bypass traditional credit card processing fees from networks like Visa and Mastercard.
 

Rellit

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I know Adam Khoo likes Visa and Mastercard for his investing portfolio. But... danger ahead. Imagine AAPL also adopts stablecoin for Apple Pay!!

Visa & Mastercard Stocks Drop 4% as Walmart and Amazon Explore Stablecoins​

https://www.tikr.com/blog/visa-mastercard-stocks-drop-4-as-walmart-and-amazon-explore-stablecoins

Visa (V) stock dropped nearly 5% today following a report by The Wall Street Journal that retail giants Walmart and Amazon are exploring the issuance of their own US dollar-backed stablecoins.

The report suggests that these companies, along with other multinational giants such as airline operators and Expedia Group, are considering crypto tokens as a means to bypass traditional credit card processing fees from networks like Visa and Mastercard.

Stablecoins aside, there are also mobile payments like paynow which bypass Visa/MC entirely. In SG, more and more merchants are using paynow, especially the smaller ones, its only a matter of time before consumer habit changes and we become like China where mobile payments are the norms. When doing my ICT, even the canteen uses paynow.
 
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