Trigger Neonomics and Axactor harness Open Banking for debt management Axactor, one of Europe’s largest debt management providers has selected Neonomics unified API platform, starting with the Norwegian market, to further strengthen its next-generation approach to debt-collection by simplifying and streamlining the way in which consumers manage their payments...
WATCHING $ECPG for ENTRY TARGET @ 42.31 I’m practicing to nail my entries even better… if target hits I will take a position and this one seems to make some nice waves 🌊 If there's any ticker symbol you'd like me to determine a good entry price just comment below and I'll do as many as time permits.
With growth and inflation rising, leading to a steeper yield curve, financials should continue to perform. One name that sold off meaningfully last week was ECPG. The debt collector should continue to do well in the immediate term given the macro tailwinds to the sector. I'd be a small buyer here, playing for a return to the recent range.
Over the last 20 years, total revolving credit owned and securitized is just under $1.1trillion. The charge off rate going back 20 years. In the last crises, we peaked at +%10.5. This is directly correlated to defatling or (180+ days= default). With continuing claims as the independent variable, the charge-off rate is thus dependent. So, for every 1+ million in...
This has been an excludible value play that was spotted back in Jun. If you would like to see these types of gains, go back to what I said in the original signal given here on my page for free. This has been a gain of +24% for PRA and our +42% for ECPG, This was written by me back in Jun 11th. Over the last 20 years, total revolving credit owned and...
HFTs rarely trade a stock more than one day. ECPG has 2 days of HFT action moving the stock with strong momentum with high volume. Often VWAP orders from smaller funds will trigger after an HFT run day. The stock breached resistance but is at risk for professional traders taking profits. ECPG is an S&P 500 index component.
ECPG showing strong upward momentum. Seems forming an ascending triangle formation. Very strong Moneyflow. We think it has very strong upward potential. Trade Criteria Entry Target Criteria- Break of $30.57 Exit Target Criteria- $34.33 Stop Loss Criteria- $28 Trade Status: Pending (Note: Trade update is delayed here.)