CNK: Movie Moves
Cinemark Holdings (CNK) is up 14% year-to-date and 4% during the last one-year period. Already sporting an attractive dividend yield of 3.3%, Cinemark is looking to extend its winning streak to its longest in 13 months. While this stock has had issues just above $40 since 2015, a decisive break could see a powerful move all the way up to $53.
Douglas Busch, CMT, trades U.S. equities using technical analysis with an emphasis on Japanese candlesticks. @chartsmarter
