SimplyShowMeTheMoney

$MQ swing trade

Long
NASDAQ:MQ   Marqeta, Inc.
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Recap: Marqeta $MQ has developed a card issuing platform that provides clients such as Coinbase, Doordash, and Square with the infrastructure and tools necessary to offer payment options without the involvement of a traditional bank. $MQ generates the majority of its revenue through transaction fees for cards issued on its platform.

My team took advantage of todays dip and purchased $MQ shares at $14.25 per share. Our first take profit is $17.50.

FIRST ENTRY: $14.25
TAKE PROFIT 1: $17.50
TAKE PROFIT 2: $19.50


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Comment:
We added more on 1/21/2022 at $12 per share.
Comment:
stop loss has been added at $10
Trade closed manually:
Exited at $11 with an unpleasant loss of -18.18%
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