ABCL, TGNA and BOXL are showing great entries for long term investments that may provide more than 300% return. Interest rate cuts may accelerate the process.
TGNA approaching major support around $10, we can see divergence on RSI. I think it is worth to try a buy it close to $10.
TGNA received 3 buyout offers in cash. Last night, another offer was announced at $20 a share. In this crazy market, to have a company getting so many buyout offers is in our opinion, very rare. TGNA has quality assets that are in big demand. TGNA is the largest owner of NBC, CBS, ABC and FOX stations in the top-25 U.S. markets. Overall TGNA / its stations...
TGNA broke down long term support line, and getting technically weaker. We think it will fall in longer term. It is trading in the entry zone & we think it may decline as low as 12.13 You can check our detailed analysis on TGNA in the trading room/ Executive summery link here- www.tradingview.com Time Span: 3:30" Trade Status: Entry Criteria met Aug 3rd