GTN
6 month hold on $GTN with tight risk 80% upsideGTN 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 in this soon at 2%-4% of portfolio and hold for 6=12 months.
I do not have a position in this currently but will likely go long this week
GTN- Long from 11.50 after a wonderful trade in GTN we can see a new bullish opportunity as it is forming a Flag formation. We think it will go up from here & our target is 12.67 & we are looking for a break of 11.50 for trade entry.
You can check our detailed analysis on GTN in the trading room/ Executive summery link here-
www.screencast.com
Time Span: 54"
Trade found: Aug 12th
Trade Status: Trade opened Aug 15th