The Long Investor
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$MTCH - WATCHLIST - REPORTS AFTER THE CLOSE TODAY
🕑 Added 2025-02-04 12:02:46 +0000 UTC$MTCH keeps knocking on the door of the breakout level at $26.30
Price is above the 50 and 200 Day MA here too
A positive beat here and we could see a breakout next and breaking out of this two year resistance line.
Following the Cup formation would lead the price back up to the top blue line at $54.
If there is a breakout, I always suggest to enter on the retest of the breakout level....especially when the trend line has been in place for so long.
Comments
Gareth Neary
MTCH is the sector leader so I’d lean towards them…but both have a set up now
DiegoTheSabre17
Hey Cap - between MTCH and BMBL, which one would you favor?
