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GHC - Assessing A Bullish Swing Play In Graham Holdings
Graham Holdings Company
Graham Holdings Company (GHC) (The education & media company) at just under $714 a share looks like it is about to come up against resistance at its 50-day moving average. Thankfully, back in August, its 200-day moving average acted as support as price (once it breached this key technical level) bounced right back above it. The question now is whether shares can go on a rally from here. The next few trading days should tell us a lot.
Although Graham Holdings is much cheaper than the industry average, its sales multiple, for example, of