$MGNI | A Fundamental & Technical Long

is finally getting the recognition it deserves as [I]the[/I] SSP in programmatic advertising. On a fundamental basis this stock trades at <10x sales, a massive discount to trading at ~40x 2021 sales. On a technical basis is just now breaking out of a multi-year downtrend/bottoming. The potential for to make another 100% move to $40-$50 is, in my view, very much in the cards. I am heavily long (and from my previous posts) and am looking for to exceed $100/share by 2022.

I own shares and June $20 & $22.50 calls on

Note

Plan for the future:

Note

Option 1 for MGNI, bullish ascending triangle first target $22 then much higher:

Option 2 H&S target $15:

Note

Option 1 Plays Out

Note

On the road to second profit zone? Probably.

Note

On our way to first target

Note

Super clean and orderly uptrend on $MGNI. Next push up should see $45-$50 and touch my first profit taking zone.

Note

Another Update. hit my high target and blew through to $60. Careful of pullback to fill gap at $45 here. Incredible trade. Over 100% gains since my post on tradingview, over 450% gains from my original entry alert.

UnknownUnicorn7308096

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

UnknownUnicorn7308096