Company Info:
MoneyLion Inc. is a data-driven, digital financial platform. It offers mobile banking and financial membership to take control of their finances.
Financials are seeing a nice run up from last year. It has good momentum on its side.
Technicals:
Closing above 52 on Friday when the whole market was down is a sign that buyers are ready to push this higher. It has taken a breather and looks ready to go again.
Will wait for the price action for the first 5 mins before taking longs.
Stops will be just below 48.
MoneyLion Inc. is a data-driven, digital financial platform. It offers mobile banking and financial membership to take control of their finances.
Financials are seeing a nice run up from last year. It has good momentum on its side.
Technicals:
Closing above 52 on Friday when the whole market was down is a sign that buyers are ready to push this higher. It has taken a breather and looks ready to go again.
Will wait for the price action for the first 5 mins before taking longs.
Stops will be just below 48.
Comment:
No trade initiated.