From a charting perspective, VIAC has simply completed a wave 3 up, hooked, and is now in the middle of nowhere. Down 60% from its highs, one can hardly say this is a good time to Short or Buy. Though cute storytellers and all-knowing fortune-tellers will lead you to believe a short or buy will make you money. Do not make that mistake! Loudmouth Fifters (people...
CBS has 2 things going for its streaming services Loads of new accounts for Champions League football/soccer PlutoTV is selling the hell out of political ads and they had over 25million users for Pluto last count. Whether or not this is good for the stock overall we shall see I don't do fundamental analysis really and don't pretend to but just want to put this out...
If you're new to the stock market like me, you will quickly learn this lesson if you haven't already. My lesson was a little more violent when VIAC took a nose dive. I went straight from Euphoria directly to Capitulation. That was fun. One could argue that Woods has been targeted by Wallstreet Elite, very similar to the legendary degen Bill Hwang. But I...
If a handle forms out of this cup, this is my guess to how it will form. This is not a definite just an assumption since the overbought signal is in play on the RSI I'm looking for the pullback as it sets up again. Earnings is also coming up in a few weeks and I'm thinking it will do well with the recent Comcast deal and the fact that the virus is giving people...
Easy scalp here. Loaded up on some shares at $38, target is $44. Not too late to get in.
$VIAC (Viacom CBS Inc.) Breaking down the support level. Daily chart.
ViacomCBS Inc. is a media and entertainment company which creates premium content and experiences for audiences. The company's consumer brands portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster. It operates primarily in the U.S., Europe, Latin America and Asia....
Any comments or criticism is more then welcome. I have posted my entries along with TP's (Target Prices) These are layer entries
Hello traders, We will enter in VIAC at this level and we will increase our position in the red line if we dropped there. *** This is not a financial advice, I'm still a beginner trying to share my Road here. Than you.
27 June 2021 After huge drop in March, we are looking for technical pullback. Price forming a support around $38. If price above $48, we shall look for next resistance at $56
This post is just for people to know what is going on between big players! No recommendation to buy or sell: According to Bussiness standard: Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter,...
Great long-term prospects in the coming year. Assets alone worth more than market cap. Blended model of streaming and legacy tv/cable along with ad supported model which NFLX doesn't have. Excellent long-term value at this level bc it serves as a bond paying 2.5% div yield along with above average growth prospects (more-so than NFLX and NFLX doesn't pay a...
(Opinion only)