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ChristopherCarrollSmith

If VIAC were gonna bounce, here's where it would do it

Long
Paramount Global (NASDAQ:PARA)  
ChristopherCarrollSmith Updated   
NASDAQ:PARA   Paramount Global
Support and Resistance swingtrading
7
2
supportandresistance swingtrading
VIAC is retesting the bottom of its Archegos Capital-related plunge a couple weeks ago. If this support holds, we should see a bounce. I've not extensively analyzed the fundamentals on this stock, but just eyeballing it, it looks fairly valued to me. Just in it for a quick swing trade, I think.
Trade closed manually:
Closed below the March 26 low, and without any real buying volume to signal a bounce.
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