The stock of the film and entertainment giant - Warner Bros set out in an impulsive Wave 1 in Dec of last year and had a 80% rally till Feb 2023. That was the end of Wave 1 for the stock and then since then the stock has only seen darkness. But darkness only makes the dark knight stronger (:P).
The stock has given up on almost all the gains it made during the Wave 1 rally and has retraced 90% of it!!! With where the stock is currently placed this is a long term bet that cannot be missed/ignored because of the unmatchable risk/reward it is offering at the moment.
The Wave 3 target for the stock is projected to be around 22-25$ mark. BEHOLD!!
Note*- This analysis is based on personal observations/opinions. Kindly do your own research before making any financial decisions.