MGNI Magnite,inc 24hr potterboxMGNI Magnite, Inc 24 hr potterbox . Magnite is trading above the top of the box.
0A99 trade ideas
MGNI Magnite,Inc 24hr potterbox MGNI Mahnite is trading at the top of a 24hr potterbox. That is the beauty of the strategy. If magnite opens below the top of the box , it will go back to the 50 percent line. if it holds then thats probly where it will stay all day. we shall see tomorrow.
MGNI: ADVERTSING company direction to $36 in a year --3month view, this company is a subsidiary of WPP, companies like GroupM, JWT. The american school system is in the market... check them out...not here.
MGNI following value channel 2021 trendline
Establishing it's rising trajectory prior to 2021, MGNI has established a value channel trend from 4 near today's price of 13. With the current pullback into the fib pocket I can see a possibility of the price being supported and continuing through the trend channel paired with positive developments at the company level and possible Google suite in ad tech upside tailwinds are present.
MGNI LongMGNI has a recent upswing, and has also formed a flag now. If it takes out the trigger price (11.53), then it has a decent chance of the trend continuation and should give atleast 1 r/r.
Cheap stock at strong supportLooks messy but also looks like the price wants to bounce hard of the trendline from June 2018. You don't need too much cash here, the stock is very cheap and highly volatile so be aware of that. SL triggers if a weekly candle closes under the trendline.
what's going on with MGNI? will see 16$ or what??The stock breaks through a resistance level and exits a shuffle band with supporting volume.
Starting to gather interest...
Buying - $10.3
Target - around $16
Not a recommendation, just sharing!
NASDAQ:MGNI
MGNI - Building Nicely. Breakout soon?
Another name that has showed strength when this sector has shown weakness last few days. Bodes very well for a breakout.
Upside targets 20, 28
Bear case: Gets sold hard here and dips below 12
Disclosure: Long via commons at 13.65
MGNI points out to higher valuationMGNI beat EPS and REV in a very competitive industry, pointing out that its market price is undervalued by the crowd.
The Co shows decent profitability and double-digit revenue growth. Moreover, the Co is committed to pro-active cost management - it slashes 6% of the workforce. it sounds not good, but this shows high adaption commitments.
Size your positions according to your risk tolerance.
Golden Cross after regressionMGNI Golden Cross after a long declining trend
Part of a larger change in the whole industry
MGNI Bullish Swing Stock has decreased significantly over the past months but has been having bursts of bullish movements alongside the overall market. Looks to have stabilized and started to increase slowly. Manage risk when entering and make sure to set a CL. Also is around the .618 retracement level which we would see if this were a wave 1 of a greater 5 wave series.
MGNI: SETTING UP MY LONG ENTRYMGNI :
Despite the fact that I like the fundamentals of this company long term, the below analyses is purely based on technicals .
As you can see the chart does not look that great, with all moving averages pointing downward. And the market has not been nice recently with growth stocks .
However, I'm looking to buy a few stocks as a long term investment .
I usually try to simplify my analyses as much as possible, so I avoid the unnecessary noise.
By looking at the weekly chart I see an important zone that has played many times in the past. This zone is between 11.75 and 13 .
This is where I'll be looking for an entry or multiple entries.
I also see a small divergence between RSI and the price, supporting the fact that we could see a nice bounce (for shorter term traders).
That's it! Let me know if you have comments.
Trade safe!
$MGNI daydreaming of a monster move Never say never. Accumulation pattern looks identical.. will be monitoring this stock for now.
MGNI Head & Shoulder pattern almost completed,death cross comingMGNI Head & Shoulder pattern almost completed,death cross coming, previous resistance becomes support, jump a little and then dump
MGNI - upRecovered after sell-off,
Now wedging nicely above the strong level from December 2020
For me looks like a buy at thins point.
Mastering elliot waves. MGNI. also s/r level.This post is a combo of an elliot tutorial and an analysis from s/r.
MGNI is above an important support/resistance line. Seems like it will continue higher. The s/r I am considering was around 33.50.
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Elliot Wave condition "e" considerations (tutorial portion):
If m2 (plus one time unit) is completely retraced in the same amount of time (or less) that it took to form and m3 is longer and more vertical than m1 and m(-1) does not share any similar price territory with m1, the market may have completed a Complex Correction at m2 with a "missing" x-wave in the middle of m0; add ":c3" to the current Structure list of m1, place a dot in the center of m0 (around the same price level m1 completed) and place "x:c3?" to the right of the dot and ":5" to the left of the dot.
Do you think this consideration applies? I see that m(-1) almost shares no territory with m1 to the point where I'm willing to keep it in play. Then m3 just has to be longer and more vertical than m1, which it might do.
This means that the market may have completed a complex correction at m2 with a missing x-wave in the middle of m0. You can see m0 had a hitch on the way down right at the s/r pivot level area.
MGNI Bull flag on the weekly, daily looks very goodMGNI You can clearly see we are still in the long uptrend channel (blue lines). I bought in 2019 Telaria & Rubicon before they merged into MGNI. Averaged at 5s, but scaled out profits when the red and blue lines came together in the 55-60s. Here you can clearly see how to predict tops on a weekly timeframe. Entered position again at lower uptrend blue line of the channel. Will buy more if it ever hits the white line again, since I expect a rejection at the yellow downtrend line.
Also clear bull flag on the weekly as well as daily looks good. Add to positions on the blue and white uptrend lines. Yellow down trend line might act as resistance for now.
Breakout imminent?!This one looks like it will break-out soon.
Multiple bullish signs appeared on the chart (RSI, EMA, Pivot...)
After the breakout:
>Next resistance: 39.05
>Support: 31.44
Watch out for volume, it needs to be high during the breakout
MGNI primedMGNI is on watch the last Tru buy signal on the WEEKLY was in October, for $6.51, the rally to the 33s then the dip to 21 was in the middle, thats where I added shares, then we ran to 64s where the algo gave a sell at 60 bucks and I took profits. This is the weekly, once I see a signal generate off the 4 hr and Daily, this will give a buy. We should be in the clear until the test on 40.00 if we break that we will head to ATHs again.
Magnite (MGNI), Where now?
Magnite - MGNI
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About Magnite
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Magnite is a global advertising platform that automates the buying and selling of digital advertising inventory in real-time. It is the largest independent, sell-side advertising platform in the world with a focus on monetizing CTV and digital video ad campaigns.
Analyse
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Obviously MGNI rose more than 500% last year and this year, however, it went down sufficiently this year, from 64 yearly highest high (on 09 February 2021) to today's price of around 30
We are still on MAJOR uptrend (the 500% on 2020/2021), but currently on the SECONDARY down trend.
The question, when and if it will continue the MAJOR uptrend.
There are two major support and resistance lines:
33 (Red line) as resistance line and 25.5 (Green line) as support line.
Breaking either one is a critical step to choose a direction!
Also, We have a pivot positive breakout which is an extra sign that we are heading to test the 33 price tag!
Since we are still on a down tunnel (Yellow lines) and price doesn't break the 33 price tag (Red line) we might see a regression that can reach 22.5 (Green line) and even below, so stay alert for the unexpectable.
To sum up, for current time being it seems we are heading to the 33 (red line) Price tag! If the 33 price tag will break, we'll test the 40 (Dark green line) price tag!
Final Thoughts
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Final thoughts are Positive.
The bottom line is that I believe MGNI might continue and return to its positive main trend and this will happen unless something extreme and unexpected occurs.
Like if you Like and Follow for more stock/assets analysis.
MGNI - False BreakMarket structure: Uptrend, price at key level support
Setup: False Break
False Break candlestick pattern: Hammer/ Bullish engulfing
price has created a bullish engulfing candle, will enter the trade on the next day open.
Stop loss: 28.10
Take profit: 60.00
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
MGNI. Couldn't find any financial setups. Tech will suffice.Looking to the financials for setups now that we are entering the bear months, and fed has announced rates will go up.
None appeared on the scan so I defaulted to tech.
Not interested until it breaks the upper trendline.
I feel like I'm trying to pick bottoms, but I have had some success doing so. Hard to stop when it's working.
MGNI higher highs$MGNI is making higher highs and higher lows as it's broken above previous resistance at $38 ahead of EARNINGS on 5/10. Lots of upside for this advertising superstar!
