$Encore Capital(ECPG)$ 

ECPG: buying some shares on ECPG as it reverses after hitting 200 days MA support zones and is now comfortably higher.

ECPG is a debt recovery company. Trade idea revolves despite markets at all time high, this only benefits people with capital. 

The situation of higher inflation and losing of jobs in US are pretty real and I anticipate debt recovery business will be booming in coming months if the weaker job market in US persists. 

This includes also the US federal gov shutdown putting hundreds of thousands of civil servants in furlough and being a civil servant there is not exactly high paying too so these people could be at risk as well. 

ECPG
10-14 23:20
USEncore Capital
SidePrice | FilledRealized P&L
Buy
Open
44.78
12
--
Closed
Encore Capital

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  • Mokho
    ·2025-10-18
    Looks really good to invest. Thanks for posting this.!
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  • OwenBess
    ·2025-10-15
    Great insight on ECPG! 📈💰
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