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Just an idea i know the10% owners are buying it up so when the owners tend to buy their own stock it usually means their entering into a solid buy price and things are looking up. Again, just an idea but if this pops look for Spotify to go crazy.
I don't think iHeart can fire anymore ppl. We see here the massive layoffs Q1 2020 help save the stock price, for a while. At least the CEO Bob Pittman got his shares prices up. Hey Bob, I hope you get shorted to hell and back.
Resistance 1 : 28.25 Support 1 : 24.00 Support 2 : 21.20 IHRT will continue break new High. If unable to break new High, will look back Support_1 : 24.00
Resistance 1 : 26.10 Support 1 : 23.30 Support 2 : 21.20 IHRT will continue break New High. If unable break New High, will look back Support_1 : 23.30
NASDAQ:IHRT Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%,
they were noting high volume upside call action into earning on national television Friday. Only issue is the S&P has a higher propensity to sell off and drag this thing down with it. So if AAPL rallies for another week, so will this thing. All things being equal, I think it's a pump & dump and whoever bought 100K call spreads on this knows they'll get their heads...
IHRT has support levels around $13.80 and resistance at $15.08. IHRT's earnings is in 9 days with an expected EPS of 0.28, if IHRT can exceed expectations, it will breakthrough it's resistance level.
Entry >>>on break of yesterdays close $ 12.81 a few cents up Long period on consolidation Bullish candle Look for an equal move up 23% move Target $16 Stop loss = $12.30 ish
nothing crazy here but its up around 100% from lows with potential to go towards 20 in 2021. look for a break of top trendlines or dip entry as shown :) gl ! leave a like if you found my chart useful <3
Note Worthy News: Suffered greater than expected losses but CEO Bob Pittman in earnings call said they have been seeing an increase in revenue month over month since April Entry: 9.20-9.30 Likely a pullback to resistance level before continuing bullish trend Technical indicators: EMA 10 crossing EMA 50 EMA 50 still below EMA 100 RSI showing bullish...
Real simple analysis here, IHRT is a company that has been hit particularly hard due to the coronavirus. It needs to bounce now if it expects to keep its head above water. It is down roughly 70% from its price in March and I wouldn't be surprised to see this play out heading into earnings and continuing assuming earnings go smoothly next Thursday, April 30th. RSI...
FOR EDUCATIONAL PURPOSES ONLY. INVESTING IS HIGH-RISK (ESPECIALLY RIGHT NOW). IHRT comes out of May 2019 bankruptcy and looks healthy: The company became profitable, flipped negative shareholder equity to positive, and it's currently trading at ~76.5% below analysts' fair market value ($30.28); Nearly all ratings are STRONG BUY. Healthy price-to-book ratio coming...
Another senseless shelter pet here. The Corona virus didn't ruin this great company. Anyone notice how aggressive YouTube ads are getting? Many people will look elsewhere for 'free' entertainment. Many tradesman stream radio all day long and can't skip the ads--and they keep listening. Anyone account for retiring boomers with no savings? What's...