Good P/L ratio. Fairy valued.
Analytic Rating is Best Buy.
There was a buy signal a couple of weeks ago, and now we have a pullback. Good entry point
Not an investment recommendation
The stock NXST on our watchlist crossed a low risk enty point and generated a buy signal, we have added the stock to the JS-TechTrading portfolio.
SL is less than 5.3% (SL at 163.3), win target is > 11%.
NXST has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume . Until now, the price / volume...
NXST may soon be ready to test $200 levels. closed near the highs after a small shakeout. nice volume and volatility contraction.
BUY above 191.15.
GOOD LUCK!
This one may be a bit risky but valuations are below the historical average and there's is some possibility that the divisions we've been seeing over COVID vaccines leads to a more local-focused population. People getting back to what's real and the issues that actually affect them in order to recalibrate to a sense of normalcy. If there is a tech hangover, I...
If riding one of the communications stocks (I dont much like XLC as an investment, good benchmark tho) like NXST I would just keep riding here, tho I would not be looking for an entry here unless the FED creates an opening for us.
* Okay earnings
* Steady up trend
* High RS in the Communication Services sector
* Trading in a tight range for the past ~9 months
* Last couple of days picking up high volume
Notes:
* This is still trading n a range so be careful. It may continue trading in this range.
* Pocket pivots indicate that the institutions are interested in the particular stock and...
NXST has been coiling tighter and tighter and is looking ready to breakout, not the biggest dry up of volume on the daily but there is some in the weekly chart
Planned entries are at the two red lines
NASDAQ:NXST is posting impressive earnings and has formed a perfect pennant pattern. Long the break out, anticipated price action and target is shown on the chart, stop daily close below 134$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Nextar been basing around its 50 MA forming a cup and handle pattern after a 52% advance. Volume pattern shows strong institution accumulation. Most recent days around earnings saw big amount of volume traded with price not moving much. Wait for signs bulls are winning this battle before jumping onboard.
Nexstar Media Group Cl A (NXST)- OWNS AND OPERATES 198...
Hey investors, NEXSTAR MEDIA GROUP is in a fake downtrend with a slowing of executed sell volume and a form of marubozu accompanied by short legs. By zooming in on the TIMEFRAME M1 we see a dash with a low volume of past purchase, it goes on the basis of the bollinger to check it then the highest followed by the VWAP and reach the top of the range. It is very...
Alerts are set for $112.75, a true break would be over $112.96 on 20 Jan 2021.
May be the 20th or could wait til the 21st. It could also break down. With equilateral formations the move could go either way.
I like this set up at the 20 EMA, the set up is stronger when the stock is not over extended.
R noted at 99ish..
I have owned this in the past and it is semi-volatile. Not as much as some stocks but more than others.
Support and resistance levels can be broken or all stocks would be ranging 100% of the time.
Short interest is usually higher than the norm on this one. Perhaps due to R at 99. NV is high. I am waitting for a pull back to get in
Decent...
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...
