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NY Times Stock Down 15% In A Month, What’s Next?

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by , 05-03-2022 at 05:30 AM (317 Views)
      
   
New York Times stock, a diversified media company that includes newspapers, internet businesses, television, and radio stations, has declined by 15% over the last twenty-one trading days (one month) and currently stands at around $40.

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The daily chart was bounced from 200 SMA to below for the primary bearish reversal: the price is trying to break the bearish triangle pattern with 38.80 support level to below for 37.27 possible target to re-enter.

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