Technical analysis of various swing trade ideas including PBYI, INTC, NFLX, various paper stocks, lithium stocks, cannabis stocks, crude oil & natural gas.
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I had forgotten to include an update on the MGI (Moneygram Int’l) trade setup that was highlighted last Tuesday (first chart below) which went on to breakout above the wedge, backtested it from above for a few days & is moving impulsively higher on high-volume today, hitting & exceeding the first target (2.52) and rallying as much as 27% above the breakout level so far today. This opens the door for a move up to the 2nd target of 3.22 (actual resistance level, best to set a sell limit order slightly below if planning to book partial or full profits there).