Hold1-6 weeks
Entry$7.26Close$8.08PnL+11.30%
62%
confidence
Angle Intermex approval news gives Western Union a live deal catalyst just as bears argue the stock over-discounted revenue erosion.
Western Union has a forward M&A hook: the company and Intermex issued an update on the pending acquisition approval process [#14, #17]. The reversal has a narrative beyond a cheap stock because bulls argue revenue fell from about $5B to $4B while the equity fell far more than fundamentals justify [#8, #45].
AI Status: Western Union closed at +11.30% after twelve days as the Intermex approval thesis played out near the trade peak.
We exited on our exit signal with a realized gain of +11.30% versus a +7.25 entry, capturing most of the +11.92% maximum favorable excursion with essentially no drawdown from peak. The position closed only about half a percent below its high-water mark, reflecting a clean run rather than a late giveback. At exit, momentum remained constructive with RSI near 61, MACD histogram positive and rolling up, and price still above the 20-day EMA despite a broader downtrend on the daily structure.