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Dec 17, 2020 6:07 PM

MOGO Morning Mover Alert Update Long

Mogo Inc.NASDAQ

Description

MORNING MOVER ALERT UPDATE
MOGO - Mogo Inc. - Common Shares
Initial Alert Price: $3.18
Price High: $3.84
% Gains/Losses: 20.75%
(20.49% More Than Expected)
Stop Loss Limit: $3.65


MOGO has had a nice run since Nov. 5th after announcing that it's MogoSpend App will support Apple Pay, Google Pay and Samsung Pay on it's platform. Regarding the trend, the stock has made a pullback to it's most previous missed pivot on the downside and currently attempting to continue it's run and we're looking for the stock to retest the $4.00 Levels of Resistance that have been in place since Mid-2019. Another thing to note, the stock has recovered to it's pre-pandemic levels and with the most recent news being a catalyst to show 3x more liquidity moving through the stock, we expect it to achieve that goal. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today

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