Taking a swing long here on Madison Square Garden Sports Corp. (
MSGS). Price just pulled back into the Ichimoku cloud with support at the base line, offering a high-probability bounce setup. Risk/reward looks solid at 3.82 with a target of $219–$223 and a tight stop near $183.
Why MSGS?
🎟️ Owns the Knicks & Rangers – both cash machines in a media-driven era.
🧾 Clean balance sheet, low debt, and real estate-backed value.
💰 No dividend, but serious potential for buybacks and long-term appreciation.
🧠 Analysts see hidden value in MSGS due to the brand/IP strength and optionality with sports media rights.
Indicators
MACD just crossed bearish, but price hasn't confirmed downside. Watching for bull divergence and recovery within the cloud.
Weekly support still holding; a reclaim of the $195 level confirms bullish continuation.
🧠 Thesis: If MSGS gets back above $200, momentum could drive it to $220+. Happy to hold as a value/growth hybrid anchored by real-world assets.
MSGS). Price just pulled back into the Ichimoku cloud with support at the base line, offering a high-probability bounce setup. Risk/reward looks solid at 3.82 with a target of $219–$223 and a tight stop near $183.Why MSGS?
🎟️ Owns the Knicks & Rangers – both cash machines in a media-driven era.
🧾 Clean balance sheet, low debt, and real estate-backed value.
💰 No dividend, but serious potential for buybacks and long-term appreciation.
🧠 Analysts see hidden value in MSGS due to the brand/IP strength and optionality with sports media rights.
Indicators
MACD just crossed bearish, but price hasn't confirmed downside. Watching for bull divergence and recovery within the cloud.
Weekly support still holding; a reclaim of the $195 level confirms bullish continuation.
🧠 Thesis: If MSGS gets back above $200, momentum could drive it to $220+. Happy to hold as a value/growth hybrid anchored by real-world assets.
Trade chiuso manualmente
Closing this trade. Still believe in this stock long term but see other options with higher potential sooner. 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.