Tracking back MGI's 5 year chart, the stock is moving is Identically to a T on it's previous rise.
With both Momentum and MACD lining up, we've crossed a crucial price zone at ~$9.68
From here expect a little chop and consolidation before moving to our second Leg Up,
From there clear sailing to $16
Depending on your risk tolerance, choose your dates
I like the shorter time for a couple of reasons
1. Earnings comes through in 19 Days
2. Nearly if not EVERY Month for going back almost a year Digital Transaction Growth has been in Triple Digits, announced around this time of the month, causing a large Percentage Jump in Share Price
3. Let's Face it, There's ALOT going on behind closed doors Between Visa and Ripple, and MGI has been able to free up Nostro Vostro Accounts, and send Money almost instantly for fractions of the cost of it's competitors, and with a Market Cap of less then Half of Companies doing the same thing, Cough Cough Western Union, lol it forces it's competitors to either grow and change as MGI is or Become the Blockbuster of Money Transfers (CEO of Blockbuster is famously known for changing with the times, Bankrupting Blockbuster because he thought "Netflix would not effect our Business at All."
You Don't Want to be the Blockbuster Guy, in a Digital Age
4. And Finally, I'd be willing to Bet my left pinky (the right one I need haha) that either someone is in the process of or will be buying a Large Chunk if not all of MGI
So load up those Call's, you would be suprised how far a couple dollars could go. If you saw my last post in a Single Day we purchased SQ calls at $9 a piece, and sold those same Calls by the end of the Day for over $350 a piece. So who ever said it takes money to make Money is Full of S**t, it's easier to make money when you have Money. But with a little more effort, research and DD, you can make money with only a couple bucks
With both Momentum and MACD lining up, we've crossed a crucial price zone at ~$9.68
From here expect a little chop and consolidation before moving to our second Leg Up,
From there clear sailing to $16
Depending on your risk tolerance, choose your dates
I like the shorter time for a couple of reasons
1. Earnings comes through in 19 Days
2. Nearly if not EVERY Month for going back almost a year Digital Transaction Growth has been in Triple Digits, announced around this time of the month, causing a large Percentage Jump in Share Price
3. Let's Face it, There's ALOT going on behind closed doors Between Visa and Ripple, and MGI has been able to free up Nostro Vostro Accounts, and send Money almost instantly for fractions of the cost of it's competitors, and with a Market Cap of less then Half of Companies doing the same thing, Cough Cough Western Union, lol it forces it's competitors to either grow and change as MGI is or Become the Blockbuster of Money Transfers (CEO of Blockbuster is famously known for changing with the times, Bankrupting Blockbuster because he thought "Netflix would not effect our Business at All."
You Don't Want to be the Blockbuster Guy, in a Digital Age
4. And Finally, I'd be willing to Bet my left pinky (the right one I need haha) that either someone is in the process of or will be buying a Large Chunk if not all of MGI
So load up those Call's, you would be suprised how far a couple dollars could go. If you saw my last post in a Single Day we purchased SQ calls at $9 a piece, and sold those same Calls by the end of the Day for over $350 a piece. So who ever said it takes money to make Money is Full of S**t, it's easier to make money when you have Money. But with a little more effort, research and DD, you can make money with only a couple bucks