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UnknownUnicorn3863111
Dec 2, 2018 7:58 PM

Match Group, Inc. may get boosted by the singles! Long

Match Group, Inc.NASDAQ

Description

Match Group Inc. may get boosted, because of the holiday time (Christmas, Valentines Day, etc.) and as a result there will be more traffic on the platform (Tinder) --> Social Analysis

The MACD takes distance from its zero line, which confirms the upward trend and is going to increase, which certainly support the trend.
The chart is braking out of the two bands, which shows the following upward trend.

By myself, I set an alert by 41.45.

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As an review:
MTCH in December 2017: +13,97%
MTCH in February before Valentines Day: +24,73%
Comments
JarrodDewan
looks like a huge bear flag. waiting for confirmation break under
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