Entry level above all time high resistance @ $120 could possibly consolidate for a few days before break.
Target price $130.00 with stop loss set at $117 below breakout level.
Bullish price actions and long term base formed.
Golden cross buy signal.
P/E ratio 20.70
Short interest of 8.24%
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.
Target price $130.00 with stop loss set at $117 below breakout level.
Bullish price actions and long term base formed.
Golden cross buy signal.
P/E ratio 20.70
Short interest of 8.24%
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.