Trade Ideas: DTV

This was an interesting pick to come out of my Trade Ideas Channel scan. Usually, the scan selects for tight bases, but today's stock is showing a small consolidation flag, following a series of strong up days. There is still overhead resistance at $16.24 to consider (not to mention $17 and $18 too). So short term traders might have more to gain from this, than intermediate, or long term holders.

DirecTV Group, Inc. provides digital television entertainment in the United States and Latin America. It operates through three segments: DIRECTV U.S., DIRECTV Latin America, and Network Systems. The DIRECTV U.S. segment provides direct-to-home digital television services and multichannel video programming distribution via satellite to residential and commercial customers in the United States. It also offers professional and collegiate sports programming.



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