#Moneygram has increased in volume substantially since 2013. A direct competitor with #WesternUnion, a monster in remittances. We know that the Foreign Exchange markets handle trillions of $ dollars in volume daily. It’s a competitive market. Ripple, and XRP are a new competitor to #SWIFT (Society for Worldwide Interbank Financial Telecommunication). Ripple...
Original idea posted in NOV at $5.74 up over 60% now , approached nice demand zone and has been running ever since. Beautiful breakout here, move stops and lock in profits. Approaching overbought on the daily but I think there is a magnet on $10 Let's see if we get a May like move, this one can run
MGI up +9% so far , trading in strong demand zone. Recently had decent ER and HIGH OI on NOV 19 calls - 14K 6c ! I like this idea for a swing up to $7.5 zone resistance. MACD looks bullish to me implying possible pivot point here. Commons or 11/19 6C ... I'm long
Currently getting a nice pullback into support. Need to keep an eye out in case the price closes below that trendline since it might trigger a head and shoulders pattern. There is divergence on the snab rsi, but that candle on friday is an ugly one. I either expect to get a slight down day on Monday and possible consolidation on the week before a lot of buying...
Price should pump to the first 2 targets within the next couple of trading days. If not, this will give a great chance to accumulate for the Sept target range. Fib levels give some nice confluence for the parabolic move. Price should trade quickly through 0.382 - 0.618 before retracing slightly. This will give us a longer term confirmation on the bullish...
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past...
MGI guess who just popped out of the cloud like a good lil stock by iCantw84it 05.20.2021
Hello! I'm new to Elliot Wave Theory. Wondering what you guys think about $MGI. Thoughts? Target Price #1 Price $1.15 #2 Price $4.05 Length of Wave 1 $2.90 0.382 $2.94 0.500 $2.60 --> target 0.618 $2.26 #3 Price $2.63 --> actual 1.618 $7.32 2.618 $10.22 --> target 3.434 $12.59 # 4 Price $11.70 --> actual 0.236 $9.56 0.382 $8.24 0.500 $7.17 --> target* - I...
"I generally ask and receive calls on a block of stock. I insist upon graduated calls as the fairest to all concerned. The price of the call begins at a little below the prevailing market price and goes up; say, for example, that I get calls on one hundred thousand shares and the stock is quoted at 40. I begin with a call for some thousands of shares at 35,...
Moneygram International has the potential to reach $15 Soon and this looks like a good entry with a great risk to reward ratio. - Broke the downtrend on the monthly timeframe - Weekly and daily timeframe is in an uptrend - it has been consolidating at resistance and absorbing supply for the past 4 days. - it has no resistance till about $15 dollars on the monthly...
MGI - LONG FIRST TARGET BLUE BOX, IF IT HOLDS WE GO FOR THE RED BOX
MGI- MONEYGRAM LONG Profit Targets in coming days/ weeks: Target1-7.83 Target2-8.55 Target3-9.29 Target4-11.05 Final Target5- 20.83
NASDAQ:MGI Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong100%
And this is just the small picture. Let's not forget what MGI's ATH was!
Opened a position on $MGI last night already in profit. Expecting more downside to common retrace levels.
Interesting take on the new Apple event this week. Expanded app store, more iPhone hype, new MGI App. Now it just needs momo. Chart's looking at another possible top here. Testing this level for the 3rd time. Was previous resistance but might be a matter of momentum igniting a run if and BIG IF, it comes in. "The company has gone through an evolution over the...
BRIEF-MoneyGram Announced Four Mobile Wallet & FinTech Partnerships That Give Co Access To Mobile Wallets In 28 Africa Markets Aug 24 (Reuters) - MoneyGram International Inc MGI : * MONEYGRAM INTERNATIONAL - ANNOUNCED FOUR MOBILE WALLET & FINTECH PARTNERSHIPS THAT GIVE CO ACCESS TO MOBILE WALLETS IN 28 MARKETS IN AFRICA Source text for Eikon: Further company...