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HR_D
Aug 7, 2020 4:48 PM

FOXA - Fundamentals + trading range Long

Fox CorporationNASDAQ

Description

FOX Corp latest operational cashflows have shown resilience. Resilient FCF and cash position at the end of the period. Advertisement-related revenues expected to increase once sport events kick-off once again. Adittionally, technicals seem to indicate a potential upmove to define an horizontal trading range? target ~29.7 (?). Cut losses if prices moves significantly below 24.56.
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