iHeartMedia | IHRT | Long for the US Election Cycle
Updated
iHeartMedia 
IHRT has been beat down, but I anticipate it may be on a path toward profitability during this US election cycle. This ad revenue may lead to the beginning of a nice move upward from the $1 range (a personal buy zone), but nothing is certain.
Target #1 - $2.25
Target #2 - $4.00
IHRT has been beat down, but I anticipate it may be on a path toward profitability during this US election cycle. This ad revenue may lead to the beginning of a nice move upward from the $1 range (a personal buy zone), but nothing is certain.Target #1 - $2.25
Target #2 - $4.00
Trade active
Target #1 reached for a 125% gain.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.