$ITV - Continuation swing with +10% to +40% upside Long

ITV ORD GBP0.10LSE

Description

⋅ Aug 4, 2022 2:58 PM

Technical Analysis

Price bottomed out 3 weeks ago and the RSI + William %R
Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90

Price Target
Entry: 71-73
Target 1: 76 (+5%)
Target 2: 88 (+20%)
Analyst Targets: 101 (+40%

Financial Metrics
High quality as shown by the financial metrics. Undervalued with high upside/growth potential.