dzygadlo

EVC - great long term investment getting ready for a breakout

Long
NYSE:EVC   Entravision Communications Corporation
I initially purchased this stock at ~$3.50 and set some price targets to keep myself honest about its performance. The stock has hit all of them and keeps on moving up. They recently reported some great numbers that reflects some longer term potential which got me excited. So I decided to set another buy-in targeted for $5.87, which I recently filled.

We're now at one of my price targets, which is always accompanied with some resistance. But after it passes this resistance (at $6.89), we should be ready to hit the next targets at $7.64 and $8.98.

Possibly entry point is anything above $6.89.

I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!

Good luck and I'm always interested in what you think.
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