MoneyGram nearing the bottom ?
Morning Traders.
I have been buying MGI from around the 2.60 area, I only entered a portion of my holdings as i felt that the 2.00 region would be met soon (as shown on twitter) I was happy to average from this zone down incase the bullish flip happened sooner than expected.
We have a double bottom at the min around a good support region. This again a great region to buy as there is not much more room on the down side.
I have two target zones in mind before a pull back and then a continuaton of the move to the upside creating new higher lows.
MoneyGram with its partnership with ripple and use of XRP i see as very bullish over the coming years.
Safe Trading
I have been buying MGI from around the 2.60 area, I only entered a portion of my holdings as i felt that the 2.00 region would be met soon (as shown on twitter) I was happy to average from this zone down incase the bullish flip happened sooner than expected.
We have a double bottom at the min around a good support region. This again a great region to buy as there is not much more room on the down side.
I have two target zones in mind before a pull back and then a continuaton of the move to the upside creating new higher lows.
MoneyGram with its partnership with ripple and use of XRP i see as very bullish over the coming years.
Safe Trading
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