SBGI can reach 40$??Breaking up a downtrend line that started in March 2021
Buy - $15
Target - $40
Not a recommendation
NASDAQ:SBGI
SBGI trade ideas
Khan's Swing-Trade Idea KW 47 - $SBGIAlways has a run before Dividend (30.11), don’t keep it longer.
Want to strengthen its sports-television part
Spiking UpAfter yesterday's rise we are spiking up at the opening. Sems if the rise would continue today.
SBGI trying to push out of the cloud on the dailyMoving averages per usual are lining up and the cloud is pretty significant here... Cloud breakouts are great! And so are moving averages!
Symmetrical Continuation Triangle ($22)If confirmed expect a possible downside target price at and around 20% from today's close. If you decide to take a short position, make your stop loss at recent swing high with target price $22. If you want a real time alert on this security try us www.2wyatrading.com
UPDATE - SBGI - great earnings and chartPullback
Status: watching
Point system: 1 = meets criteria, 0 = fails or not applicable
Total points: 8
Horizontal S&R: 1
Channel S&R: 1
MA S&R: 1
Pearson's R >= 85: 0
Price Pullback Fib >0.3802: 1
Next Earnings date: 8/5
Favorable EPS: 1, beat
Favorable Rev: 1, beat
Short Float:
*stop 1 atr below swing low.
** first price target is 50% the move from entry price to previous high.
***No Biotech
Any feedback is welcomed! Thx
Cost basis:
Stop:
First price target:
