Discussion in 'Investment Charts' started by longtermbull, Jun 29, 2017.
Dare I suggest that the shares have broken through on the upside? More to come?
There seems to be support around the $70 mark and resistance around the $79 mark, will the shares trade between this in the short term? What has happened to the company’s growth plans for China?
This one is certainly worth watching. I wonder if Donald Trump might pull a rabbit out of the hat in the shape of a Chinese trade agreement to offset his negative press comment?
If you trade ranges then this one is near the bottom of its recent range. I think there is still a lot of potential for places such as China once the trade discussions have been sorted out. A buy on weakness and then tuck away.
Unfortunately it looks as though the slighty falling resistance level is pushing the price further and further down. Unless we see a decisive break above the resistance line it is difficult to see any short term upside.
The chart does not look good for this one! I would have thought the company's back libruary would have been worth a fair bit, aside from subscription fees and merchandise sales going forward.
I still think this one would make a great acquisition for a media company looking for content in the can. That is before we even begin to look at the value of the underlying business.
Separate names with a comma.