whitejade
Long

YOU'VE GOT TO SEE THIS RANGE BOUND MGI CHART SINCE 2011

NASDAQ:MGI   MONEYGRAM INTERNATIONAL INC
Check out the chart. Since 2011 MGI has had a fairly predictable range as it continues within its channel! This break out appears to be just the beginning. Enjoy this ride! Happy Weekend!
Comment: Consolidation happening now. Good support at $5.25 (.23 fib retracement) This looks like a great opportunity to start accumulating.

Comments

Mmm ... good support at $ 4.20 probably. Anything above that is still 'under construction' and for the imaginative minds. EPS is negative my friend. Still a fairly long way to go.
Reply
whitejade Exospecialist
@Exospecialist, we're sitting on support... it's a swing trade they take time. By EOY she will most likely double.
Reply
Yeah I've been watching this channel.
Reply
whitejade charvey63
@charvey63, looks like it should continue moving higher the next few months
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out