The Western Union Company (Western Union) is a provider of money movement and payment services.
The Company operates through two segments: Consumer-to-Consumer and Business Solutions.
The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
The Company’s multi-currency, real-time money transfer services are viewed by the Company as one interconnected network where a money transfer can be sent from one location to another, around the world.
Western Union’s Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and individuals.
Business Solutions payment transactions are conducted through various channels, including the phone and via the Internet.
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we will execute a bullish trade on Western Union
Global Entry Signal For Trade #1: Buy @ $20.35
Global Trailing Stop Loss Trade #1: @ $18.88
Global Target Profit Trade #1 : @ $35.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
Move Global Adjusted Trailing Stop Loss for Trade #1 to $25.82
The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
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