MORNING 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