Ronald_Ryninger

IHRT Breaking Bearish Trend

Long
NASDAQ:IHRT   iHeartMedia, Inc.
Note Worthy News:
Suffered greater than expected losses but CEO Bob Pittman in earnings call said they have been seeing an increase in revenue month over month since April

Entry:
9.20-9.30
Likely a pullback to resistance level before continuing bullish trend

Technical indicators:
EMA 10 crossing EMA 50
EMA 50 still below EMA 100
RSI showing bullish signal
Solid break of resistance established in March

Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.