MOGO trade ideas
MOGO - triple bottom - falling wedgeMOGO - now trading at 2.95
several good factors coming together here - just had a good ER, triple bottom (formed nice base), breaking out from the trendline resistance on above average volume - moved above its 100 SMA and looking to test 50SMA - looking for a starter here and will add when we cross 50 SMA - around 3.20 level and add more on the break of the 3.69 pivot
$MOGO HTF ACB Long#1 Main Watch
$MOGO HTF ACB Long
Monthly - Pullback
Weekly - 50 ema/Support/Decel
Daily - Support/Triple bottom/MACD/Descending Triangle/Doji
LTF - Basing with MACD
Cons - LTF doesn't have a pattern
RR - 3.5
Side note: Would LOVE this set up if it had $XBI LTFs.
Additionally on Watch:
Main - $COIN HTF IBO L
Main - $XBI HTF ACB L
Main - $MARA HTF IBO L
Secondary - $MOON HTF ACB L
Secondary - $CNRG HTF ACB L
Secondary - $BTBT HTF IBO L
12 stocks on development needed list
Live Trades:
$TLRY
$MSTR
$OEG
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$MOGO is gonna fall todayPupm&Dump trading strategy idea.
$MOGO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $7,18;
stop-loss — $7,46;
take-profit — $6,62/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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MOGO Repeat Uptrend Detected - Mogo Inc.We have detected a similar uptrend pattern from the 3/5 to 3/19 rally. The bar pattern has been transposed to the current rally beginning 4/20 or 4/22. We see upside continuing for MOGO through early next week then a transition into consolidation before earnings.
$MOGO Target 12.01 for 23.18% $MOGO Target 12.01 for 23.18%
Or next add level is at 7.49
Hey there, MOGO... Nice to see you having a green day!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
MOGO: Ascending Triangle (62%)Ascending Triangle (62%)
Pros:
Descending volume during formation
PPS above 50MA and 200MA
R/R ratio above 5
RS above 0
200MA ascending
250RSI above 50 and ascending
Cons:
ATR flat
RS flat
Target:
PT = 18.67$
Help how ever you can to keep this alive.
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Always do you own Due dilligence. This is not financial advice.
Stay Humble, have fun, make money!
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NEW POSITION $MOGO @ 11.11 ---> Target 13.37 for 20.34% Last one for the day, I think.
NEW POSITION $MOGO @ 11.11 Target 13.37 for 20.34%
Or next add level is at 8.85
Let's go. This one seems like it could hit quicker than some others. GL
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
MOGO Re-Entry Breakout Stock AlertBREAKOUT STOCK ALERT
$MOGO - Mogo Inc. - Common Shares
Initial Alert Price: $8.11
Potential Price: $10.18
Potential Gains: 25.52
Stop Loss Limit: $
Re-Entry Trade Alert:
MOGO has consolidated from the $11.86 Breakout by finding strong support at the $6.85 Price Levels and currently confirming a reversal back to the upside to form a continuation pattern and potentially retest the $10.18 Levels of Resistance. The company has taken great steps in expanding it's online payment platform by announcing that it will be allowing Google Pay, Apple Pay and Samsung Pay it's online payment solution. The company also allows for Canadians to gain access to Cryptocurrencies, specifically Bitcoin and saw 300% gains from January to February in transactions. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Why $MOGO surged heavily in February?Mogo Reports Over 300% Increase in Bitcoin Transaction Volume in January
January new Bitcoin account additions increased by more than 140% from December 2020
"In January, we continued to experience growing demand for new MogoCrypto accounts and increasing transaction activity among members."
There are more than $13 trillion in assets1 held by Canadians and, while bitcoin continues to gain credibility as an asset class, the majority of Canadians do not own or have exposure to it.
Assuming we continue to experience strong uptake with MogoCrypto, it could represent a meaningful component of the growth in our Subscription & Services revenue in 2021.
finance.yahoo.com
MOGO: Bullish Pennant, confirmedBullish Pennant, confirmed
Pros:
Descending volume during formation
Golden cross in blue
Volume increase at breakout (a bit)
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
200MA ascending
Target:
PT = 15.96$
Thank you to those who donate Coins!
Stay Humble, have fun, make money!
Ascending Triangle? MOGO breakout? Wanted to get traders opinion. MOGO looks very similar to DMG Blockchain. Ascending Triangle, sitting right at 21 day moving average and also looks a little bit like a bullish flag pennant. Looks like it is going higher. RSI and STOCH have come off lows, but still in the lower range and could trend higher.
Thoughts?
MOGO Alert Update | 272.96% ProfitsMORNING MOVER ALERT UPDATE
$MOGO - Mogo Inc. - Common Shares
Initial Alert Price: $3.18
Price High: $11.86
% Gains/Losses: 272.96%
(+247% More Than Expected)
Potential Stop Loss: $11.267
MOGO broke out to $11.86 after announcing a 20% Stake in CoinSquare for $54M in today's trading session providing a 206% Profit Margin after closing half of our position on the trade although the stock provided a total of 235% from our initial trade alert on Dec. 15th, 2020. The stock has consolidated and going into the Market Close and After-Hours Sessions and is currently finding strong support on the $8.48 Levels and closing at $9.54 at the close of After-Hours.
We are looking for this stock to retest those $11.86 Levels and continue moving higher as the company has added a Cryptocurrency Platform to its portfolio after already incoming Google Pay, Apple Pay and Samsung Pay in its online spending platform. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today