Daily Chart - Currently trading at the bottom of channel. Looking to hold this pattern for a move up towards top of channel. RSI looks decent here... watch for some volume to turn this pricing action around.
Buy - $ 5.04
Target - $ 5.70
Stop Loss - $ 4.93
Corus is a Canadian Media company with interests in the radio, publishing, and television sectors. It was a part of Shaw Communication till 1999 when it was spinned off as a separate company.
Since 2014, CJR.B has been in a state of decline owing to the rise of Netflix and other internet based media networks which has impacted advertising revenue. However, even...