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Samirp01
Mar 24, 2021 4:29 PM

Calling GTN Reversal Long

Gray Television, Inc.NYSE

Description

GTN is a broadcasting company that recently took a stake in a sports & gaming company, Envy Gaming. This fast growing sports & gaming company will propel Gray Televisions growth, making it a good long term hold given their current market position already (#1 ranked due to show holdings and licenses by market entities) - this one loves the 50EMA a lot, as long as it holds 18.9, doesn't break 18.4, expecting this to rally back up to the 20s - take profit at 20.4, 20.8 for a good 5:1 R/R
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