Buyers keep on ramping price higher so locking in further gains

Price just keeps on going so happy to move the stop loss up to 1.86 from 1.60 (Earlier alert today). Currently trading at 1.99.

Previous Alert 11/03/19

Current Active Alert Trade Management SPT

Time Frame : Daily

Sector : Software and Services/Financial Services

Broker Consensus : Not covered by a major broker

SPT – Splitit Payments Limited

SPT just keeps on going as the ‘fear of missing out’ drives price higher. We are happy to lock in a few more gains and tighten up the remaining risk level to 1.60 below the days low. If price triggers the 1.60 level, then a big reversal is in play and traders will be jumping over each other to head for the exit and lock in gains.

Stock Code : SPT – Splitit Payments Limited

Company Website : www.splitit.com

Current Price : 1.745

Previous Buy Entry (Trigger Level) : 0.90

New Remaining Sell Exit Zone (Stop Loss) : 1.60

Previous Partial Exit Level Hit (Target) : 1.14

Status : On watch for continuation higher

Previous Alert 6/03/19

Current Active Alert Trade Management SPT

Time Frame : Daily

Sector : Software and Services/Financial Services

Broker Consensus : Not covered by a major broker

SPT – Splitit Payments Limited

SPT has traded up to the partial exit zone at 1.14 so some gains locked away currently trading 1.115 (for anyone that did not take a partial, look to close some out down to 1.11). We are now happy to raise the remaining risk level to 0.90 to sit back and see how this plays out.

Stock Code : SPT – Splitit Payments Limited

Company Website : www.splitit.com

Current Price : 1.12

Previous Buy Entry (Trigger Level) : 0.90

New Remaining Sell Exit Zone (Stop Loss) : 0.90

Partial Exit Level Hit (Target) : 1.14

Status : On watch for continuation higher through 1.20

Previous Alert 5/03/19

Price has rallied hard so now happy to lock in some gains for a partial exit at 1.14 or above. The remaining stop loss is held at 0.83

Previous Alert 4/03/19

Current Active Alert Trade Management SPT

Time Frame : Daily

Sector : Software and Services/Financial Services

Broker Consensus : Not covered by a major broker

SPT – Splitit Payments Limited

SPT has kicked off nicely today after recently pulling back to clear the way for a charge up through 1.00. We are now happy to tighten up the risk level from 0.79 to 0.83 expecting a run up to new highs. Buyers are soaking up selling pressure well so will also be watching for a partial exit.

Stock Code : SPT – Splitit Payments Limited

Company Website : www.splitit.com

Current Price : 0.97

Potential Buy Entry (Trigger Level) : 0.90

New Sell Exit Zone (Stop Loss) : 0.83

Status : On watch for continuation higher

Original Alert 26/02/19

New Buy Entry Alert SPT

Time Frame : Daily

Sector : Software and Services/Financial Services

Key Stats : $152.3 Million Market Cap, VWAP 0.845, ASX Ranking 650, 4 Week Av Turnover $10,155,734, Current Turnover (Intraday as at time of alert) $2,319,927.

Company Overview : Splitit Payments Ltd (SPT) is a technology company providing cross-border credit card based instalment solution to businesses and retailers. The Company provides a payment service that can be fully integrated into a merchant’s payment system.

Broker Consensus : Not covered by a major broker

SPT – Splitit Payments Limited

SPT is relatively new to the ASX and has come on with a bang as price continues to find buying pressure. Its rivals are the likes of APT and Z1P and it intends taking them head on. We are now watching for a buy on a push up through 0.90 and will hold the stop loss at 0.79. If price falls down through 0.79 prior to the entry then we will re-assess the action. A recent pullback has cleared out some late buyers so we now expect to see a run up through 1.00.

Stock Code : SPT – Splitit Payments Limited

Company Website : www.splitit.com

Current Price : 0.84

New Potential Buy Entry (Trigger Level) : 0.90

Potential Sell Exit Zone (Stop Loss) : 0.79

Status : On watch for buy entry trigger