eneakume

Moneygram shooting for the clouds

Long
eneakume Updated   
NASDAQ:MGI   None
This analysis shows you a representation of easy money in the market by jumping into the volume leaders. The stock is fundamentally solid because of its asset/debt ratio and it's had no stock splits. I use the 30 week moving average to buy the pullbacks. You can use the RSI alongside the MACD to get a better understanding of the momentum. You can see that the momentum is bottomed out. The S&P 500 is trending up alongside the SPGI. Good buying opportunity in MGI for profits above 100%.
Comment:
Bought the pullback, 4x the position. Will continue buying drops below 2.75 all day long.

Related Ideas

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.