Bottom-lining This Little Payment Riff

Bottomline Technologies (NASDAQ: EPAY) seems to have gotten lost in the shuffle of this little (or big) payment processor/digital payment growth story, where PYPL SQ, and many others are watched closely by market pundits. 

However, EPAY seems to be an excellent growth candidate with a market cap of just over one billion. And while it is not quite the same as SQ or PYPL, it most certainly is in the general vicinity with its core businesses of the growth theme. 

We have been long the name inside Market Chess Subscription Services. And if the broad market can keep holding up, the daily chart, below, seems to indicate that the recent breakout may be just beginning.

As for the tape, Netflix earnings are not having the desired effect bulls had hoped for this morning. As I write this, the Dow is leading lower, albeit with the Nasdaq exuding decent relative strength. We have a few relative strength plays on watch but are mostly letting some backing and filling play out. 

We took partial profits on a Priceline long earlier, as that thesis of PCLN outperforming most major Nasdaq leaders seems to be playing out.