Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers various digital marketing solutions, including hosting,...
$TSQ or Townsquare Media is looking to go long with the formation of a double bottom pattern.
CCI has entered into -100 channel, signaling a buy.
It seems that for the first time, the company is providing net positive income. Expect this 2,000+ employee company to do well this Q4.
Target Price: $9.75
Target Price 2: $13.40
Townsquare Media Inc TSQ is oversold and is over extended below moving averages. Possible 6-12% bounce opportunity based on prior price structure. Strong divergence on the RSI on the daily and weekly time frames. Caution, TSQ has exhibited bearish behavior since IPO making this a riskier play.
