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Topic: Ticker: WU - Western Union Company (NYSE) (Read 396 times)
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Joined: Dec 2007
Posts: 62
 
  United States
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 Dec 15, 2007, 12:39:20 AM | #1 |
Ticker: WU - Western Union Company (NYSE)
This is a pretty interesting stock that I've been watching for several months and looking for specific buy and sell points.
The 52 Week Average: 17.96 - 23.99
The Average Volume: 4,961,190
1y Target Est: 26.18
If you look at the charts, WU has been rumbling around in this range for a year now and has had some excellent entry and exit point is you know when to hold and when to sell. The current movement puts this one at a buy in my opinion even though it appears to have hit a high and might follow on a downward trend.
One of the key factors for me with WU is the volume at which it has been trading and it's history of hitting volume "spikes" that lend to it's movement in a rather volatile pattern over a few days events.
Right now, I'd say this one is a strong buy when it crosses back down under the 21 per share range (which it will probably do early next week because we can expect to see some more falling back in the market, so I will be watching WU for my strike price of 21 per share.
For more detailed information on this particular pick of mine, please see my blog post
Ticker: WU - Western Union Company (NYSE) « Gen X Stock Guru
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Latest Blog Post :
Ticker: WU - Western Union Company (NYSE)
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Joined: Jan 2006
Posts: 6217
On the Fast Track
 United States
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Dec 15, 2007, 03:25:17 AM | #2 |
Thanks for posting here Kirk, we could use somebody who keeps this folder active. I read your blog post on WU and I think you're right about the fact the stock looks like it's about to pull a breakout. I'm thinking of grabbing a few hundred shares next week if it hits a strike point, although I'd disagree and set my strike at 19 per share instead of 21 but maybe a staggered buy at 33% at 21, 33% at 20 and 33% at 19 or lower might be a successful strike in my opinion. I think Monday and Tuesday next week will be big downers and I'll be looking to pick up a few replacements for the Google stock I dumped last month at it's peak. I still have 60% of the proceeds from that sale avaliable and waiting.
I think a good article you might think of witing is something about holding on to capital after a sale until you see a strong buy instead of just pissing it away to filll your portfolio. I know I got caught hard a few times on the sell/buy impulse reaction but now when I sell a significant amount I hold onto the funds and wait until I see something substantial to move the funds into. |
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Joined: Dec 2007
Posts: 62
United States
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Dec 22, 2007, 12:17:43 AM | #4 |
Doesn't seem like it's going down much. It closed at 24.10 per share today. I'd say it's still a strong buy with the current forecast but then again I'm not going to endorse anything  |
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Latest Blog Post :
Ticker: WU - Western Union Company (NYSE)
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Joined: Dec 2006
Posts: 158
That's important, now isn't it ?
  Netherlands
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Dec 22, 2007, 08:57:52 AM | #5 |
If I bought into this WU stock, how long would I have to hold it until I see a reasonable profit.
also, based on timeframe an profit, what is a good rule of thumb ? |
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Joined: Jan 2007
Posts: 284
  China
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Dec 28, 2007, 05:24:02 PM | #7 |
| I would not have though about this stock but when I think about the business they are doing it can only be good in the long haul. |
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