I dumped all the default values and only use 5 of them: 0 .15865 .50 .84135 and 1.
now when you stretch this over any desired range you get some amazing insites to the upside or down side. example stocks always whiplash us out and do crossovers, so adjust fib tool such that the crossover range is lined up from 0 to .15865, in doing so you paint out the...
Hello beautiful humans,
Found a 50% retracement level for Corus Entertainment at a price of 4.88; from the low on December 17, 2021 at a price of 4.34, to the high on January 14, 2022 at a price of 5.42.
Why a 50% retracement one may ask; a great question that I won't pretend to explain, however, using an Ichimoku cloud has a tendency to indicate a 50%...
Daily Chart - Currently trading at the bottom of channel. Looking to hold this pattern for a move up towards top of channel. RSI looks decent here... watch for some volume to turn this pricing action around.
Buy - $ 5.04
Target - $ 5.70
Stop Loss - $ 4.93
32% EPS growth same Q18, 71% annualized EPS growth last 5 yr and PE of 7.59 and DCF fair value of 5.89 or 22% MoS make this awesome company super cheap.
Intrinsic Value @ 0% growth stock still worth 7/sh.
-MACD crossing up into positive territory on weekly, next target and 200 DMA @ 6.93
Have you ever thought bout investing in stocks for the dividends? Technical Analysis can absolutely help you pnipoint the best time to invest so that you don't have depreciating capital masked by small dividend payments.
Corus is a Canadian Media company with interests in the radio, publishing, and television sectors. It was a part of Shaw Communication till 1999 when it was spinned off as a separate company.
Since 2014, CJR.B has been in a state of decline owing to the rise of Netflix and other internet based media networks which has impacted advertising revenue. However, even...
