BET 0.00% 9.3¢ betmakers technology group ltd

Ann: Matt Tripp leads $75m strategic placement into BetMakers, page-210

  1. 1,350 Posts.
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    Hi Matteo

    Personally, I would wait for lower but I will preface that comment by saying that PA will tell me where to enter. I am expecting in the 70's and for it to move back down into the channel.

    The really weak attempt to push though that psychological level of $1 was a clear tell for the retrace today.

    Let's see how BET behaves this week and especially further to the $50m new shares being issued to trade on market Wednesday.

    Picking exact entry levels is a mugs game. No-one can do it. The idea is to let the PA tell you a story which mitigates the risk/reward ratio.

    If we have news though, anything could happen and the PA story resets. I would suggest that this would be very unlikely in the very near term while my targeted PA plays out.

    Hope that helps.

    IMO DYOR
    Last edited by glossy: 22/02/21
 
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