Another name that has showed strength when this sector has shown weakness last few days. Bodes very well for a breakout. Upside targets 20, 28 Bear case: Gets sold hard here and dips below 12 Disclosure: Long via commons at 13.65
MGNI beat EPS and REV in a very competitive industry, pointing out that its market price is undervalued by the crowd. The Co shows decent profitability and double-digit revenue growth. Moreover, the Co is committed to pro-active cost management - it slashes 6% of the workforce. it sounds not good, but this shows high adaption commitments. Size your positions...
MGNI : Despite the fact that I like the fundamentals of this company long term, the below analyses is purely based on technicals . As you can see the chart does not look that great, with all moving averages pointing downward. And the market has not been nice recently with growth stocks . However, I'm looking to buy a few stocks as a long term investment . I...
TTD MGNI PUBM all received upgrades from Analyst Berenberg. APPS is in same sector and had an upgrade about 2 weeks ago. It broke thru resistance and look for resistance at .786 Fib level. FOMC today, jpow mentioned tapering soon as November, but I see the stock market going up in the next 3 months. I havent been actively trading lately, as I have not seen any...
This post is a combo of an elliot tutorial and an analysis from s/r. MGNI is above an important support/resistance line. Seems like it will continue higher. The s/r I am considering was around 33.50. ---- Elliot Wave condition "e" considerations (tutorial portion): If m2 (plus one time unit) is completely retraced in the same amount of time (or less) that it...
Magnite - MGNI ━━━━━━━━★ About Magnite ━━━━━━━━★ Magnite is a global advertising platform that automates the buying and selling of digital advertising inventory in real-time. It is the largest independent, sell-side advertising platform in the world with a focus on monetizing CTV and digital video ad campaigns. Analyse ━━━━━━━━★ Obviously MGNI rose more...
Looking to the financials for setups now that we are entering the bear months, and fed has announced rates will go up. None appeared on the scan so I defaulted to tech. Not interested until it breaks the upper trendline. I feel like I'm trying to pick bottoms, but I have had some success doing so. Hard to stop when it's working.
MGNI is setting up for a continuation of retracement of previous up-side move. Price targets are listed in chart.
TTD crushed earnings on Feb 18th by beating eps by 60%, revenue by 9% and guided higher next quarter. MGNI provides sell-side advertising platform (ER on 24th) for possible earnings run up and same sector play. The open interest for March $60 calls is over 6000.. KBNT is another stock in the tech ad sector, but it already gapped up over 80% last week. APPS gapped...
Is $FUBO ready for a move to $36?
MGNI finally moved up after recent consolidation from the previous move up. MGNI can move up to 31.8, needs to hold 31.3 - above this PT1 is 32.9
$MGNI is finally getting the recognition it deserves as the SSP in programmatic advertising. On a fundamental basis this stock trades at <10x sales, a massive discount to $TTD trading at ~40x 2021 sales. On a technical basis $MGNI is just now breaking out of a multi-year downtrend/bottoming. The potential for $MGNI to make another 100% move to $40-$50 is, in...