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$MGI Breaks Out After Finding Support At $2
MGI is back climbing the charts after finding strong support at the $2 level. With the stock down from 52-week highs above $6, there's a lot of room for MGI to run. About 8% of the float is short.In recent news:
MoneyGram International reported a 2% Y/Y increase in number of transactions in December, driven by strong performance from both its global consumer direct digital business and its international walk-in business.
The company also says that MGI customers sent the largest number of international transactions ever in the month of December.
As always, trade with caution and use protective stops.
Good luck to all!
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To receive our alerts via email and SMS, join Insider Financial for Free at insiderfinancial.com/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.