EBITDAtiger

time to go long $MSGE

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NYSE:MSGE   Madison Square Garden Entertainment Corp.
The 50-day moving average appears to be curving upwards finally and volume has been declining so there aren't many sellers left. Time for the buyers to take control. I think the stock will pop on earnings and begin an uptrend after earnings are announced. Which will show that the live entertainment business is back in full swing and improving by the day.

The floor is at $60.26
Resistance will be significant at target levels and at the VWAP from the 52-week high.

Free cash flow was up 30% in the last quarter. I think this stock goes to $150 easily.

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