The New York Times Company (NYSE:NYT) shares added more than 8% after the publisher of The New York Times newspaper revealed that it added 210,000 digital-only subscribers in the third quarter, bringing its total subscriber count to more than 10 million.
The mass media company said higher digital subscribers and average revenue per user drove a 15.7%...
New York Times Co - 30d expiry - We look to Sell a break of 35.19 (stop at 36.39)
Short term bias has turned negative.
Trading has been mixed and volatile.
Trading within a Corrective Channel formation.
Price action is forming a bearish flag which has a bias to break to the downside.
35.29 has been pivotal.
A break of the recent low at 35.29 should result...
New York Times Co - 30d expiry - We look to Buy at 36.73 (stop at 35.27)
We have a 61.8% Fibonacci pullback level of 36.74 from 27.59 to 42.40.
Intraday signals are bullish.
Preferred trade is to buy on dips.
Previous resistance at 37.00 now becomes support.
This stock has seen good sales growth.
Our profit targets will be 40.38 and 40.98
Resistance:...
New York Times Co
Short Term - We look to Buy at 29.68 (stop at 27.17)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Trend line support is located at 29.60. Support could prove difficult to breakdown. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher....
