Analyst says buy Gannett on pullback
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Analyst says buy Gannett on pullback
FROM: http://readapaper.com/comment/stocktalk ... ger-market
Visit the link to see the chart on Gannett and other companies.
Analyst Jason Leavitt on Gannett:
Gannett (GCI): Overall the stock is trending up, but on a shorter term basis, is forming a falling rectangle pattern. This is a bullish set up — temporarily trading against the overall trend acts to shake out weak hands, and once enough have exited the stock and been replaced by newer shareholders who are not frustrated with the stock's lack of progress, the stock is free to breakout and rally. Longer term investors would be wise to hold here as the trend is up. Shorter term traders should take all or partial profits here and look to rebuy on a pullback.
Visit the link to see the chart on Gannett and other companies.
Analyst Jason Leavitt on Gannett:
Gannett (GCI): Overall the stock is trending up, but on a shorter term basis, is forming a falling rectangle pattern. This is a bullish set up — temporarily trading against the overall trend acts to shake out weak hands, and once enough have exited the stock and been replaced by newer shareholders who are not frustrated with the stock's lack of progress, the stock is free to breakout and rally. Longer term investors would be wise to hold here as the trend is up. Shorter term traders should take all or partial profits here and look to rebuy on a pullback.
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Gannettoid - Site Admin
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Re: Analyst says buy Gannett on pullback
Anyone who purchases Gannett needs their head examined!
All stocks will be in the toilet soon. The US Dollar is going
down the tubes and believe me. Save your cash. You will need it
All stocks will be in the toilet soon. The US Dollar is going
down the tubes and believe me. Save your cash. You will need it
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