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Saturday, September 25, 2021

Sitting on a Cash Pile 12.0? Fintech in the Forefront

#cash #bullish #buy


Mogo Inc. (NASDAQ:MOGO) broke out on 17 November 2020 at 2.16 and confirmed on 18 March at 10.11. Thus, garnering an LTN Cash Pile Buy signal with a 1 yr price target at 19.70/share.

Shares are trading at 10.73 pre-market Friday in NY within its 52 wk trading range of 0.56 – 11.86. There is no Street analyst’s consensus price target.

The Key support is at 9.29 and the resistance is is Nil beyond 10.99.

Our outlook is Bullish with a Very Bullish Bias in here, as our Key technical indicators are now Very Bullish.

Mogo Inc. operates as a financial technology company in Canada. The company provides finance app that empowers consumers with solutions to help them get in control of their financial wellness.

It offers users a free MogoAccount and provides access to various products, including free credit score monitoring, identity fraud protection, digital spending account with Platinum Prepaid Visa Card, digital mortgage experience, the MogoCrypto account, a product within MogoWealth that enables the buying and selling of Bitcoin, and access to smart consumer credit products through.

The company’s platform delivers digital experience with various products all through 1 account.

Mogo Inc. was founded in Y 2003 and is HQ’d in Vancouver, Canada.

Have a healthy weekend, Keep the Faith!

Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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