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Thursday, January 21, 2010

Gannett Co., Inc. (GCI) Looks Strong Today

Gannett Co., Inc. operates as a news and information company. It operates in three segments:

Publishing, Digital, and Broadcasting. Publishing segment publishes daily newspapers, weekly newspapers, magazines, and trade publications, as well as classified business Web sites. It offers 85 U.S. daily newspapers, including USA TODAY, and approximately 850 non-daily local publications in 31 states and Guam, as well as publishes 17 daily paid-for newspapers and approximately 200 weekly newspapers, magazines, and trade publications in the United Kingdom.

A nice pattern has formed this morning. We are looking off a bounce of the middle bollinger bands for an upward movement today. Await confirmation for the trade above 16.3 consistently.

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