Even while the rest of the market pulls back, Cinemark is holding strong. Everyone is so focused on AMC that they are missing out on Cinemark. Cinemark beat expectations in the last 2 earnings. Cinemark is turning a small profit as well. Add Cinemark to your watchlist?
Analysis:
Chart Patterns: Cinemark Holdings, Inc. (CNK) is currently displaying a Cup and Handle pattern, indicating a potential bullish continuation. Additionally, there is a possible Bull Flag pattern forming.
Breakout Potential: A breakout from the handle or the flag could lead to significant upward movement.
Target Price: Estimate target prices based on the...
Only technical analysis, The MACD is falling sharply which means there is an absence of buyers. However, I have price projections that will drop to 14.77 and have a sharp rejection. I viewed this on the 4hr chart for more accuracy compared to the day chart. Assuming the mean of the chart within 5 years is around 32.5 or 33 --a guess-- then price will eventually go...
Is history repeats again?
In my view, both line graphs are very similar. If CNK reaches ATH which is around $45, it might break it and continue its gain!
Extraordinary opportunity to enter this stock and purchase some shares!
HIGHLIGHTS
ES:
Cinemark Holdings, Inc. (CNK), es una de las compañías de cine más grandes e influyentes del mundo que debido a la naturaleza del sector en el que opera se ha visto perjudicada por la pandemia del Covid-19.
El precio de sus acciones se impulsaron en Noviembre aproximadamente 100% debido al excelente rendimiento de los principales índices que...
