Breaking up a downtrend line that started in March 2021 Buy - $15 Target - $40 Not a recommendation NASDAQ:SBGI
Always has a run before Dividend (30.11), don’t keep it longer. Want to strengthen its sports-television part
start of the upward trend
After yesterday's rise we are spiking up at the opening. Sems if the rise would continue today.
Moving averages per usual are lining up and the cloud is pretty significant here... Cloud breakouts are great! And so are moving averages!
Looks to be breaking out of accumulation. Target $62
A bearish up-thrust was formed on 6th Mar 2017, which appears to be a selling climax, consisting of wide-spread up bars on average volume.
If confirmed expect a possible downside target price at and around 20% from today's close. If you decide to take a short position, make your stop loss at recent swing high with target price $22. If you want a real time alert on this security try us www.2wyatrading.com