SUMMARY
TenX (PAY) is really stretching how far the triangle pattern can go as shown in the below chart. The Apex is the point where the two triangle white lines intersect and occurs on Nov. 5th. As price gets closer and closer to the Apex, the pent up need for a breakout becomes uncontainable.
PAY is also playing out the "Hurry up and Wait" syndrome in that it placed very quickly the blue circled five waves 1,2,3,4,5. The 5th was also extended and sure enought, the requiste retracement has bee very deep. The key questions is as whether the red a,b,c waves are complete. I think so, if not a few more days of the price flicking around before a surging breakout! Is now a good time to buy? Ladder in!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**