Hello guys, EURONET WORLDWIDE is in a bullish push with stable buy volume issued and a hammer candle shape. In the TIMEFRMAE M1 we notice a dash with a fake return of sales volume made it goes in the direction of the last low point. Which has a rebound on the basis of the bollinger to close a bullish breakout gap and make a swallow. She comes back to test her...
The company was profitable in 2020, has a growing money transfer business which will continue to grow with immigration to the west. Eventually will get into Crypto causing it to skyrocket (imo). I like the TA as well. Great management that has ran the company well from day 1.
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Still long and strong on this beauty. No need to trade something that's producing well. Holding strong leaders has been proving more successful than swinging thus far for 2019. This is one of many in our portfolio producing nicely. May rest, but will continue IMHO
Yes we're still long - Relative strength is at its highest. Would normally trim, but still see this higher thru 1/2 half 2019 at the minimum.
We had Jan 130 calls expired worthless due to Dec. cliff-drop, but still holding position.