Entravision in search of channel top
After a bullish trendline break on Thursday, Entravision is headed upward to find its channel top. I'm a little uncertain where the channel will top out. I suspect we'll stay in the green zone and top out around 3.20, but we could get into the yellow (~3.30) or red (~3.35) zones as well. Buy close to the blue upward trendline and keep your stop orders just below the line.
Entravision just won 10 Emmys for its news team, has great analyst ratings, and beat estimates on its most recent earnings report.
Entravision just won 10 Emmys for its news team, has great analyst ratings, and beat estimates on its most recent earnings report.
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