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Cablevision Systems Corporation – Equities of interest

by FxIgor

Joel Kruger suggests this interesting Equities in his section Equities of interest :

Cablevision Systems Corporation (NYSE: CVC)

I have been warning over the past several days that my equity market outlook is bearish and we should continue to see additional declines. At the same time, this also shouldn’t stop us from looking for buy opportunities, with certain company’s potentially offering more attractive valuations at current levels. I also continue to stress that the fundamental homework needs to be done on your end. However, technically, this ticker does look compelling at current levels, with daily studies highly oversold and the market dropping into a medium-term support zone. Throw in a bullish performance on Thursday, and we could be on the verge of seeing the start to a very healthy and much needed corrective bounce.

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Filed Under: Equities of interest

About FxIgor

I am forex trader from 2009. and I am making autotrading systems using Metatrader EA. In this blog I will share my thoughts about daily forex traders, market forexcast, top forex brokers.

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