GTN is one of the stocks that I am following and here I will discuss possible entry points for long term investment. Let me know what you think.
GTN has amazing fundamentals in Broadcasting sub industry compared to its peers, technically at the bottom of an expanding long term wedge, and we're going into political ad season and its market is in many swing states that will see high political ad spending; this has a tight risk stop loss at 18% and easy upside of 80%; I will take a measured long position...
Expecting downtrend fib to complete. Price target at 1.618 @17.22 price target completion.
GTN made a new 52 week high with tons of buying volume coming in and is also expected to fundamentally grow over the next year. Judging by the volume we got on Friday, I think we'll see a break of the range early this week. However, keeping in mind that most gaps tend to get filled I think GTN may come back to retest the $23.25 area before attempting to break...
1. Stochastic looking like a buy signal 2.MACD is bullish 3. Volume surge momentum on 5/3 4. Above 9 MA 5. AMAZING fundamentals
GTN is a broadcasting company that recently took a stake in a sports & gaming company, Envy Gaming. This fast growing sports & gaming company will propel Gray Televisions growth, making it a good long term hold given their current market position already (#1 ranked due to show holdings and licenses by market entities) - this one loves the 50EMA a lot, as long as...
Could take 2-3 months for a breakout. Adding at key levels target 35ish
GTN: Gray Television, Inc. 2020-11-05 06:15:00 Gray Television Announces $150 Million Expansion of Share Repurchase Authorization
GTN: Gray Television, Inc. 2019-11-07 06:15:00 GRAY ANNOUNCES NEW SHARE REPURCHASE AUTHORIZATION
Hello Folks, Gray Television recently entered into an agreement to purchase Raycom Media for $3.65 Billion. The combined company will have 142 full-power television stations in 92 markets, the 3rd Largest Portfolio of stations and markets in the United States. Grays's station portfolio currently reaches about 10.4 percent of total U.S. television households,...
Keeping things simple sans wave count. Impulse waves develop in the direction of the larger trend. Multiple impulse waves seen here in the boxes suggest a possible 3rd of 3rd. Initial target is 18.
very bullish chart