Nextar been basing around its 50 MA forming a cup and handle pattern after a 52% advance. Volume pattern shows strong institution accumulation. Most recent days around earnings saw big amount of volume traded with price not moving much. Wait for signs bulls are winning this battle before jumping onboard.
Nexstar Media Group Cl A (NXST)- OWNS AND OPERATES 198 TV STATIONS AND RELATED LOW POWER AND DIGITAL MULTICAST SIGNALS IN 116 MARKETS
Nexstar Media Group Cl A (NXST)- OWNS AND OPERATES 198 TV STATIONS AND RELATED LOW POWER AND DIGITAL MULTICAST SIGNALS IN 116 MARKETS
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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.