Shift4 Payments (FOUR): Exploring Strategic Alternatives, Amazon Partnership Accelerates Checkout-Free Shopping Initiatives

Shift4 Payments (FOUR: NYSE)

Shift4 Payments (FOUR), a provider of software and payment processing solutions in the United States, is discussed in the context of its strategic initiatives and partnerships. The CEO, Jared Isaacman, has expressed the company’s active exploration of strategic opportunities and alternatives to reduce distractions and benefit employees and shareholders.

The recent partnership with e-commerce giant Amazon for checkout-free shopping at stadiums, starting with the United Center, home of the Chicago Bulls, is highlighted as a significant move to boost top-line growth in Q1 2024. The analysis notes that Shift4 Payments has become a major acquisition target for larger payments companies due to its technology and competitive advantages.

The sentiment is bullish on Shift4 Payments (FOUR), suggesting an entry above the $66.00-$67.00 range, with an upside target set in the $105.00-$110.00 range.

Goldman Sachs (GS: NYSE)

Goldman Sachs (GS: NYSE)

Goldman Sachs (GS), a prominent Wall Street financial institution and investment bank, is discussed in the context of its potential benefits in an uncertain macroeconomic outlook for the US economy in 2024. The analysis suggests that GS, known for its resilience, might fare well in challenging economic conditions, as demonstrated during the 2008 financial crisis.

The analysis highlights the substantial capital held by private equity firms, amounting to $1.3 trillion at the beginning of 2023. This surplus cash is expected to benefit intermediaries like Goldman Sachs, especially in facilitating complex M&A deals, for which the company earns fees.

The sentiment is bullish on Goldman Sachs (GS), proposing an entry above the $320.00-$325.00 range, with an upside target set in the $520.00-$530.00 range.

Avalanche (AVAXUSDT)

Avalanche (AVAXUSDT)

Over the weekend, AVAX tested the bottom of the range resistance level at approximately $38.50, which is now functioning as a support level. In the event of another test of this level, your plan is to consider entering a spot long trade. The profit-taking strategy involves targeting the next resistance area, ranging between $50.00 and $52.50.

To manage potential losses, a well-defined stop-loss has been set just below the minor support level at $36.00. This risk management approach aims to protect the trade from significant downturns and helps ensure that losses are kept within acceptable limits.

Oasis Network (ROSEUSDT)

Oasis Network (ROSEUSDT)

The analysis of ROSE on the weekly chart reveals a significant development, as it has just printed a crossover on the Stochastic RSI, surpassing the $0.12 level. This crossover is interpreted as a confirmation of the reversal of the previous correction. Your expectation is that stronger upward moves are likely, particularly once ROSE surpasses the $0.15 level.

Looking ahead, the next major resistance level is identified at $0.285. This presents a substantial growth opportunity, indicating the potential for significant price appreciation beyond the current levels.