I'm making this just for kicks.
Fundamentals:
Netflix (NFLX) and TKO Group Holding's WWE announced new partnership early Tuesday that will bring WWE's flagship program Raw to the streaming service, beginning January 2025.
TKO's agreement with Netflix has an initial 10-year term for an aggregate rights fee in excess of $5 billion.
Dwayne 'The Rock' Johnson is joining the WWE & UFC parent company's board of directors.
Technicals:
I have a bullish D.B. with this asset. The weekly TF out of the four is bearish, and that can solely be due to price breaking through a key monthly high, which in turn would start the retracement, but not all the time tho!
I would like to see a deeper correction before price actually start to take off, and this current bull movement it's showing looks to be a small pullback before the bears reenter the market in order to push price further down.
We all shall see...
Fundamentals:
Netflix (NFLX) and TKO Group Holding's WWE announced new partnership early Tuesday that will bring WWE's flagship program Raw to the streaming service, beginning January 2025.
TKO's agreement with Netflix has an initial 10-year term for an aggregate rights fee in excess of $5 billion.
Dwayne 'The Rock' Johnson is joining the WWE & UFC parent company's board of directors.
Technicals:
I have a bullish D.B. with this asset. The weekly TF out of the four is bearish, and that can solely be due to price breaking through a key monthly high, which in turn would start the retracement, but not all the time tho!
I would like to see a deeper correction before price actually start to take off, and this current bull movement it's showing looks to be a small pullback before the bears reenter the market in order to push price further down.
We all shall see...
Comment:
Let me know what YOU think about this stock! 😀