NLSN is touching a high for the third time and for the second time after a strong Gap-up. 59.18% of all gaps greater then 2% are filled within 5 days at this ticker. Will take a short position as soon as it breaks $27,30.
Nielsen ticker NLSN is trading at resistance level after gapping up Usually stock prices fill the gap but I do not think this will happen as retail traders buy the stock. Another thing to note here is good reward risk ratio with a tight stop loss. I am buying at market open provided the price does not gap up or down too much.
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company worldwide. It operates in two segments, Nielsen Global Media (Media) and Nielsen Global Connect (Connect). The Media segment provides viewership and listening data, and analytics principally to media publishers and marketers, and advertising agencies for...
NLSN expected to open at 42.15 for a Retest Gap. Watch for nearby support. Might make a good swing trade if it closes below next support. To learn to trade this strategy for free, go to www.RealLifeTrading.com