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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Bullboard Posts
Comment by extremeriskon Feb 13, 2019 3:42pm
139 Views
Post# 29360301

RE:Another great TD upgrade

RE:Another great TD upgradeYes have noticed that also Jaydcrzy.  I added more this afternoon.  Not quite down to my price but other interesting thing about makets that I follow is the fibonacci retracement that seems to work more than an average amount of time.  This says that stock price retraces about 62 percent of gain before it resumes its move up which i believe corus will.  if we take the low of 5.55 moved to 6.14 after TD report for gain of 60 cents.  Retracement should be 37 cents or 62 percent of gain puts new entry at 5.77.  I waited a little longer to enter additional position at 5.70.  Also stock price down today for 5 straight days is another positive sign for adding here.

Shorts can try to play with this but I think better fish to fry elsewhere (like cineplex).  This is long term hold and add on dips (once one can figure out where the right dips are?)
Bullboard Posts