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Capn_Vibe
Dec 22, 2023 2:12 PM

TV Rounding Bottom Trend Reversal Long

NYSE:TV1D
Grupo Televisa S.A.B.NYSE

Description

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TV was in a clear downtrend. For the past three months it has formed a Rounding Bottom. It made a breakout and is now in the Trend Reversal part of the pattern. I'm looking for a move to resistance at $4.50.

https://www.tradingview.com/chart/bGJWkuzC/

Comment

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37% owned by tutes. Citigroup reported a 22% increase this month. Consensus price is currently $6.42.

Trade active

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Added more shares today and holding a full position of 1000 shares. Planning to stop if it loses 3.20.

Trade closed: stop reached

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Stopped out
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