$NXST NEXSTAR Broadcasting - Good stock on a nice pullback!
Bought the pullback to key support level on second test at the base of a rising wedge.
Looking ready to continue uptrend at this level.
Reacting well so far. Entry: 61.20 Stop: 58.60 Target 68.60
For an upside potential of 12.09% with a 4.25% Risk
RSK/REWARD ratio of 2.85
Looking ready to continue uptrend at this level.
Reacting well so far. Entry: 61.20 Stop: 58.60 Target 68.60
For an upside potential of 12.09% with a 4.25% Risk
RSK/REWARD ratio of 2.85