Broadcasting Set Ups

Broadcasting stocks have been quietly moving higher, and some look higher from here. Here is a look at some.

$EVC -runs into some resistance at 7, but beyond that looks like 8-9. May need to flag sideways for a short spell before it digs higher though.

EVC

$NXST Can tag 40 if it can blast through the 36 level with volume.

nxst

$GTN is also in a bullish channel and looks like 8.50 then 10

gtn

$SNI The downtrend line comes into play around 69.80, but through there, can get to low to mid 70’s

sni

$SBGI -Through the 30.40 area  looks like 33-34

sbgi

$TVL-  Has acted great since its breakaway gap back on June 13.  Needs to get back over the 16.50 level for more highs.

tvl

Good luck tomorrow.  Subscriptions here.

Joe Donohue

Joe is a full time trader with 25 years experience. He is a senior contributor and investor in Stocktwits and has been seen on CNN Money and quoted in Marketwatch, Forbes, Reuters, NY Times and Wall Street Journal.