DFC Global Corp., through its subsidiaries, provides retail financial
services to unbanked and under-banked consumers, and small businesses.
The company's primary products and services include unsecured short-term
consumer loans, secured pawn lending, check cashing, gold buying, and
Western Union money transfer and money order, as well as foreign
currency exchange, reloadable VISA prepaid debit cards, and electronic
tax filing. It also offers military installment loan and education
services, such as fee based services to enlisted military personnel
applying for loans to purchase new and used vehicles. The company
provides its products and services through retail storefront locations,
as well as through the Internet, mobile phone, and other remote
platforms. As of August 22, 2012, it operated through a network of
approximately 1,400 retail storefront locations. The company operates
its locations primarily under the Money Mart, The Money Shop,
InstaCheques, Suttons and Robertsons, The Check Cashing Store, Sefina,
Helsingin Pantti, MoneyNow!, and Super Efectivo brand names in the
United Kingdom, Canada, the United States, Sweden, Finland, Poland,
Spain, and the Republic of Ireland.
To analyze the company's stock for potential trading opportunities,
please take a look at the 1-year chart of DLLR (DFC Global Corporation)
below with my added notations:
Prior to April, DLLR had been holding a key level of support at $15
(blue), which it eventually broke. Since then, the stock has
consolidated sideways while finding support at $13 (green). DLLR has
already hit the previous $15 level of support once as resistance, but a
break back above that $15 level should mean higher prices for the stock.
The Tale of the Tape: DLLR has a key level at $15
and $13. A long position could be entered at $13 or on a break back
above $15. A short play could be made on a break below $13.
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