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$MGI Trading in Demand Zone
Long
$MGI Trading in Demand Zone
By FriscoTrades
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Nov 8, 2021
1
Nov 8, 2021
MGI up +9% so far , trading in strong demand zone. Recently had decent ER and HIGH OI on NOV 19 calls - 14K 6c !
I like this idea for a swing up to $7.5 zone resistance. MACD looks bullish to me implying possible pivot point here.
Commons or 11/19 6C ... I'm long
mgi
moneygram
optionstrading
Pivot Points
stocktrading
Supply and Demand
Support and Resistance
swingtrading
tradeidea
FriscoTrades
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