Ronald_Ryninger

IHRT Breaking Bearish Trend

Viés de alta
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

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