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dzygadlo
Aug 27, 2021 4:53 PM

EVC - great long term investment getting ready for a breakout Long

Entravision Communications CorporationNYSE

Description

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.
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