NYSE:GHC spiked in price yesterday to as high as 32.90 %. Can it maintain this momentum?
Graham Holdings Stock is trading above its 200-day simple moving average with the 50-day Moving average above the 200-day Moving Average.
NYSE:GHC is also trading near the top of its 52-week range with Investors pushing the share price higher, and the stock still appears...
NYSE:GHC is a solid stock which did not recover well after the pandemic fall, I expect a pull back to around 500$ which IMO would be a good opportunity to take a position. Anticipated price action is shown on the chart, target is the 640$ area. Stop level is 440$.
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This is only my own view and not financial...
LEAF,GHC: Leaf Group Ltd.
2021-04-05 07:30:00
Leaf Group to be Acquired by Graham Holdings Company for $8.50 Per Share in All-Cash Transaction Valued at $323 Million
Nobody talks about GHC, but that's alright. Take a look at the weekly chart dating back to 2013. The ascending trendline has never been broken, and I don't think it happens here either. Doesn't mean you shouldn't keep a relatively tight stop, however.
Green shoot star at the top
See Gap red hammer on 4 hour
Volume very low on lower time frames, suspect
Note: Director sold 1100 shares on 10/9/18... Why?
Insider selling is always a clue/hint
Stoch in oversold area, no confirmation yet ;)
S/L
T/P 586.05 (fair value per Tenken san)
T/P 563.90 (gap til fill 10/30)
R/R 1.01
R/R 2.5
Profit Trading
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
