Flywire Corp

FLYW has broken key support at the 17.90–18.20 zone on elevated volume and closed below the 9- and 20-day EMAs, testing the 50-day SMA. Short-term momentum has shifted lower with EMAs declining and RSI near 40, and the primary Support Failure pattern signals bearish supply dominance. We look to sell into any relief rallies toward the broken support area around 18.20–18.30, while a sustained reclaim above these levels would invalidate the bearish bias.

• ↑Q2 revenue $164M, +28% YoY; transaction revenue +35% YoY
• ↑Adjusted EBITDA margin expanded to 14.6%, up 160bps YoY
• ↓P/E at 69x vs. industry benchmarks suggests rich valuation