Mind Your P's This Holiday Season

Given the steepness of the rallies in Square, PYPL, even MA and V, it may feel as though the train has completely left the station in regards to playing the payment processor bullish theme. 

In reality, however, there are still quite a few viable opportunities which are now setting up to move behind those prominent names. Indeed, inside Market Chess Subscription Services we often like to see out overlooked names to play a larger theme. 

Case in point: Bottomline Technologies, or EPAY (with a "P," not be mistaken for EBAY) is related to the payment processing theme from the software, SaaS angle. 

On EPAY's daily chart, below, we can see the name is far from extended, consolidating the last two months or so with very little giveback. A move over $34 can justify a swing long to play alongside the now-extended leaders like SQ. We also have our eyes on a few other subtle names regarding this hot sector, which could easily extended its bull theme into the end of year and beyond.