Stock price when the opinion was issued
Chart shows a long uptrend from mid-2012 but the uptrend was broken in the latter part of 2013. Currently in the short term downtrend, however it may be trying to consolidate. This could take a while and if you are not getting much of a dividend, it can be a very long excruciating, painful ride just to own it.
Has always really liked this, much more than the Canadian version, because they have the ability to bring in data. The re-subscribe rate is very strong. This has been vacillating between $3 and $4 for a very long time. It makes a lot of sense. The question is how long it will remain an independent operation.
A lot of US media stocks have struggled over the past year. In the last little while, looks as though they've started to bottom out and stabilize. Still in a primary downtrend, but may be starting to build a floor. Might take a bit longer. Want to see it breaking out around $35-36, or at least above $30 to verify that it has some oomph behind it.
Doesn’t like the look of the overall chart. The chart shows this has had higher highs and higher lows from mid-2012 until the latter part of 2013. That series was broken and there was a little bit of a topping formation with a neck line at around $3.50. That neck line has been broken. If you own, look for any kind of a rally to get out.