RELY
Time to buy RELY?$20.02
+$0.02 (0.10%)
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Save your seatTrader's Perspective
RELY ran from roughly $13.22 in mid-February to $24.92 in May after strong Q4 and then record Q1 results, and it has since faded back to $20.02 as that post-earnings push cooled.
The stock has the potential to go down if it loses $19.50, with a retrace toward $17.50 to $18.00 possible. Any slowdown in send volume growth, weaker Q2 guidance follow-through, or fresh insider selling would accelerate the downside.
If RELY holds the $19.50 to $20.00 area and buyers keep respecting the strong-growth story, a move back toward $22.50 to $24.90 is on the table. Resistance near $21.25 is the first hurdle.
Analyst Ratings
Remitly Global Inc. Earnings
We don't currently have information about Remitly Global Inc.'s earnings.