Westernunion
$MGI breakout on the Daily$MGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on uncertainty with XRP regulation. Another crypto partnership or a Rumor of an all out buy out of MoneyGram by a crypto project is probab
MLong
Intraday trading: Potential takeover of MoneyGramBloomberg News reported the potential takeover incurred by Western Union of MoneyGram. Price was not disclosed and now MGI faces high volatility a trader could profit from. Looking at the 4h chart, we might see that in 3 hours time MGI (at 17:30h GMT) might plummet until $3 to pullback at $3.80 after 17:30h GMT. Maybe, takeover price for MGI could be greater than current price due to greater average TTM market price. However, Moneygram holds around $800 million debt, so negotiations will be inte
MLong
Western Union $WU is ready to break outIt is about to break out $20.9. Yesterday's volume was well and if it holds above the buy point, the target will be $23.58
12 months Consensus Price Target: $21.75
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Thx
watch money gram since Ripple owns 15% stake in the company $XRPim watching MoneyGram closely to see if this bull run from a Inverse head and shoulders breakout can continue to $2.03, Ripple=xrp owns a 15% stake in the company after making capital injections into the company last fall.
Disclosure long xrpusd
MLong
XRP reached the moon. Brace for impact though, sun is up next!Nobody in cryptoland is making more progress than Ripple.
It's a winner, and I am keeping it locked away for major targets ahead.
Fundamental
Most of you following me came from the previous idea I had on XRP.
It almost turned out perfectly, and achieved major gains. We have now crashed, and I am looking at the road ahead for XRP.
A road which I am looking at with great enthusiasm. A road that can quickly lead to greatness :)
So what's the latest?
First, I'll do a quick summary







