In a whirlwind of market activity, MediaCo ( NASDAQ:MDIA ) stock soared by an astounding 74% today, leaving investors and analysts scrambling for explanations. The catalyst? An investor update revealing the astonishing 95.2% stake held by Standard General L.P. CEO, Soohyung Kim, in the company. As NASDAQ:MDIA shares experience heavy trading, it's imperative to...
This low floater pumps at 7AM for a nice quick gain on no news.
Early ascending triangle should retest the lower trend line today. If it goes up to $8.11 I'm buying. If it continues lower no dice. This also works as an uptrend buy setup. I set the Stop loss a little wide in case the bottom of the triangle changes. It only has 2 touches so it isn't very reliable. As long as we put in a higher low the trend is still valid....
Very nice mid-term upward-channel with easy SL and Support-Area - needs to break EMA 20 (Daily) to push towards price target
Suspecting an upward Zigzag. It doesn't look like a proper impulse, but a correction on a correction. C Wave is not yet confirmed, so this take is somewhat aggressive. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red....
08/28/2021 TARGET 21.97 - 17 TRIGGER 10-10.5 STOP 1 = 8.76 STOP 2 = 5.78 Historic: 08/28/2021 (dd-mm-yy) Fear & Greed Index: 50 Mid-term forecast (1-2 weeks): If price breaks the 10-10.5 resistance, a resumption of a strong uptrend is expected. Aiming at 21.97 (2-3 weeks) AND 17 (1-2 weeks) If the support a 8.76 breaks, the short-term forecast (resumption of...
MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City metropolitan area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital...
MDIA has been on fire this month. Low float penny stocks are booming and this is yet another name to add to the list. Looking at a quick fib retracement reveals some interesting levels. Mainly, look at the 618 fib level. It has been tested 4 times before today and it failed to break above and hold new support every time. Now, Aug 10 MDIA is showing signs of this...
MDIA is a at key support level. Monitor price action for the next couple of days. A candle breaking through the support may send the pps down to 1.92 There is however also a possibility of a move up to the resistance area of the current channel. a break of that with volume can send this stock. No position currently but will watch price action keenly over the...