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Trending Green, (Nasdaq: APCX) Drops Breaking News Early ($1.00 Psychological Resistance In Crosshairs?)
September 18th
Greetings Readers,
On immediate alert today is Fintech profile AppTech Payments Corp. (Nasdaq: APCX).
Hot off of breaking news, APCX is trending green early and could take on potential psychological resistance at the $1.00 level any moment.
Take a look at the major announcement:
AppTech Payments Provides Shareholder Update Highlighting Recent Strategic Partnership and Growth Milestones
Partnership to drive expansion of AppTech's fully customizable white-label ACH platform to a portfolio of 40,000 clients
CARLSBAD, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) ("AppTech" or the "Company"), a pioneering Fintech company powering frictionless commerce, provides a shareholder update on recent growth milestones, highlighted by the onboarding of a significant new strategic partner with an extensive portfolio of 40,000 clients.
AppTech CEO Luke D'Angelo commented, "We are gratified to continue executing on our robust growth strategy as our newest partner begins to integrate AppTech's fully customizable and white-labeled ACH platform into their financial operations. We look forward to continuing to expand the footprint of our entire suite of patented technology capabilities, leveraging our expansive partner network and differentiated solutions as we position the Company for long-term shareholder value."
...
Additional Recent Growth Milestones:
1. BaaS Pilot Program Success: AppTech CEO Luke D'Angelo recently highlighted the success of the BaaS pilot program, which has achieved a key milestone in democratizing banking. The program introduced virtual accounts, commercial purchase debit cards, and advanced features such as SMS invoicing for B2B transactions. This initiative aims to reduce friction in payments and foster a Real Time Payment network, setting the stage for the anticipated adoption by over 200 new Independent Sales Organizations. This advancement is positioned to drive growth for legacy banks and credit unions throughout the United States, ultimately allowing them to compete with the large banks and drive value back to the consumer.
...
Read the full article here.
Remember, this is a low float idea with fewer than 21Mn shares in its float according to Yahoo Finance.
That means volatility could be explosive at the drop of a hat.
And with today's news out, could new eyes be drawn to this Nasdaq past champ?
Drop everything and pull up (Nasdaq: APCX) before it's too late.
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Let's rewind the clock back to 2022 for a quick moment.
Hot on the track of a Nasdaq profile with tremendous upside potential, I uncovered a little something flying below Wall Street's radar.
Alerted mid-year, this profile made some impressive moves (all approximate) in the short and long term.
At first we saw an intraday surge of over 40%...
Then we saw that turn into a short term run of over 75%...
When the dust settled, it had maxed out a mind-blowing move of over 350% before the close of the year.
And right now, this Nasdaq past champ needs the top spot on your watch-list once again.
The most pressing reasons for getting this alert front and center are such:
#1. It has a low float. With fewer than 21Mn shares in its float, volatility will need to be on watch daily.
#2. A recent bullish surge could attract serious breakout attention near term.
Climbing over 30% since the last week in August, this Nasdaq profile has pushed above key technical chart levels including its (as of 3:00PM EST Tuesday):
- 5-Day Simple Moving Average (SMA)
- 20-Day SMA
- 5-Day Exponential Moving Average (EMA)
- 13-Day EMA
#3. Several 2024 business highlights could signal this company is ready for a breakout year and bright future.
We're talking successful testing of their game-changing platform.
We're talking a strategic partnership that could create a major revenue windfall.
We're talking the announcement of multiple systems rollouts over the next year that could bring even more revenue into the fold.
Listen. Time is of the essence to pull up this Nasdaq past champ right now:
AppTech Payments Corp. (Nasdaq: APCX)
AppTech Payments Corp. provides digital financial services for financial institutions, corporations, small and midsized enterprises ("SMEs"), and consumers through the Company's scalable cloud-based platform architecture and infrastructure, coupled with their Specialty Payments development and delivery model.
AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities.
And based on these explosive potential catalysts, APCX needs a top spot on your watch-list going into Wednesday. Take a look:
No. 1 - A Low(ish) Float Could Create The Potential For A Volatility Environment (Daily).
No. 2 - This Nasdaq Fintech Profile Has Been Heating Up In The Recent Term (Interesting Chart Positioning).
No. 3 - Several Company Highlights From 2024 Could Put APCX In The Breakout Spotlight!
No. 4 - A Strategic Partnership Will Help To Empower Community Banks With A Modern Technology Solution.
But more on those in a second...
AppTech Payments Corp. - Business Overview
The financial services industry is going through a period of intensive growth driven by the advancement of technology and the rapid rise of contactless transactions due to societal changes, in part, as a response to CV-19.
End-users expect ease of use and an enhanced user experience in all their daily financial interactions.
In this rapidly evolving digital marketplace, businesses have broad and frequently changing requirements to meet consumer expectations and operational efficiencies to maintain their competitive edge.
To flourish in this environment, businesses need to adopt new technologies to engage, communicate and process payments and manage payouts with their customers from a supplier that widely supports innovation and adaptation as the industry evolves.
AppTech believes their technologies will greatly increase the adoption of omni-channel payments and digital banking solutions in sectors that must quickly adapt and migrate to new, secure digital Fintech technologies.
By embracing advancements in the payment and banking industries, they are well-positioned to meet the growing needs of existing and prospective clients and intend for their current and future products to be at the forefront of solving these accelerated market needs.
Key (Nasdaq: APCX) Company Highlights
AppTech Payments Corp. is an innovative Fintech company with a differentiated digital platform that powers seamless commerce experiences.
The Commerse platform evolved rapidly with the acquisition of FinZeo in October 2023.
The combined offering delivers an all-in-one digital payments & banking platform for companies of all sizes and their customers.
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