Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at NYSE:TGNA ...
I believe this code is at a point of potential volatility.
If price can hold below $14.20 ... Bearish potential may be unlocked.
My key downside targets include:
- $13.55 (Conservative)
- $12.65 (Medium)
- $10.97...
SPY - No bias in SPY today with no significant economic data, low PM vol, looks like a high probability of an inside day after PD wide range bar.
Short Watches:
KDP - lower Long-Term Sales Growth as Fourth-Quarter Profit Misses. Down 1.7 ATRs on 1.2 RVOL at time. Key Pivot 34.15. Under the 200 MA and gapping under a channel. Negative is the rising 9 and 21 EMA....
tgna setting up for a all time high breakout in my opinion, but we are at extreme resistance so wait for a break past 22.09 for breakout confirmation.
we can target 24.86,28.32-31.78 once resistance breaks. if resistance doesn't break looking for dip adds near trend support like and follow for more! 💘
Date : Wednesday 20th October 2021
Time of trade (Malaysia Time) : 23:10
Scanner : DDNK Bullish Finviz
Entry Price : $20.59
Shares : 240
TP (Take Profit) : $22.70
SL (Stop Loss) : $19.61
*Prices are in $USD
Comments :
- What's on your mind? (What do you think about what you are doing/did?)
Fulfills all rukun for dip. Hoping to sell within 5 days
- How are you...
Volume859,273.00
Close price 19.02
The price seems to have reached a top, showing signs of reversal as it has broken downward after a period of uncertainty or consolidation.
The Diamond Top pattern begins during an uptrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the...
$TNGA is trending upward long and will be approaching a major resistance test ahead of their next earnings call. A positive break could vault the stock toward all-time high levels if current momentum upward holds true to path. Fundamentals are strong and experts are anticipating solid returns.
TEGNA showed better business report last time and do an upside impulse. Trading flat localy they have where to overperform if next report will be also nice... Will be watching this stock movement.
TGNA received 3 buyout offers in cash.
Last night, another offer was announced at $20 a share.
In this crazy market, to have a company getting so many buyout offers is in our opinion, very rare.
TGNA has quality assets that are in big demand.
TGNA is the largest owner of NBC, CBS, ABC and FOX stations in the top-25 U.S. markets.
Overall TGNA / its stations...
