Dec. 16 at 1:10 PM
3/ Risks
$RELY
Execution risk: Any slowdown in growth or FX/immigration headwinds hits sentiment hard.
Multiple compression: High P/E leaves stock vulnerable if rates stay higher or growth decelerates.
Technical overhang: Long-term trend still bearish until reclaiming +
$18
4/ 🧭 Bottom Line
Fundamentally improving, but technically weak.
$RELY looks better as a trend confirmation or pull back play, not an aggressive chase here.
Reclaiming the 100–200 DMA zone would materially change the setup and lean bullish.
