As we all know, Discovery and Viacom got crushed with the margin call that Archegos suffered past week. This fall has nothing to do with fundamentals or something that matters to the firms, is simply the fact that banks were forced to sell these stocks at discount. We can expect a quick recovery, perhaps not to the ATH, but a pretty decent recovery.
Planning to hold as a growth play, will be buying around 48 and holding to the clear price "consolidation" areas at 54, 64 and 71. Starting with caution, other patterns show further drop so will be looking for further long positions. Main reason for buying is I'm trying to get in front of the inevitable hype that will come to this stock once people realize...
On December 4, 2019, the merger of CBS Corporation and Viacom Inc. The combined company is renamed ViacomCBS . VIAC has around 30 million subscribers worldwide and streaming revenue of $ 3.6 billion. It is expected to grow to $ 7 billion by 2024 at an average annual growth rate of 30%. Over the year, the share price has risen by 800%, based on today's estimates,...
Price Target 105/symbol] NASDAQ:VIAC
911% gain in less than 1 year + shooting star candle( maximum daily volume in the last trading year) + followed by a Doji ( drop in volume) wait for daily candle closure below 94, and enjoy the down trend
VIAC (ViacomCBS, Inc.) appears to have a repeating pattern: Multiple times upon reaching it's all time high, it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel. Even more strange, it has done so within 212 days twice already. A potential long-term short opportunity presents itself from the March/April 2021 time...
I'm looking for a move up due to the anticipated move down. However, I'm bullish once there's a B.A.R. of the $49 - $53 levels. We shall see...
Viacom has been in an uptrend since March, and I think this week will test this uptrend. The trendline has grinded the 50 EMA over the previous two trading days, but did finish the week on a strong note. I will be looking for the trendline to break ~28.57 as resistance, and looking for an entry point at ~29.10, with stop loss at 25.03. If successful, I can see...
If it can get through the trendline, looking for 33 then 35. Recent iheartradio partnership might be what it needs to get its mojo back. VIAC
Here's yet more BULLISH news for VIACOMCBS (VIAC) We feel along with several other large institutional investors that VIAC is DIRT CHEAP! News Releases.. www.benzinga.com www.gurufocus.com DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final...
CBS Sports Partners with William Hill. It's the Latest Media Company to Embrace Sports Betting. -- Barrons.com Mentioned: VIAC VIACA By Nicholas Jasinski ViacomCBS' sports division will join with U.K. bookmaker William Hill on creating sports betting content across its digital and television platforms. It follows Fox Corp's deal with Stars Group on FOX Bet....
Today after the market closed, VIACOM announced a sports betting deal with William Hill - As many know, Sports Betting is becoming legal statewide & it's a multi-billion dollar industry. Feb. 10, 2020 – LAS VEGAS – CBS Sports and William Hill, America’s leading sports book operator, today announced a strategic partnership that makes William Hill the Official...
Bounce for $VIA with merges and acquisition news - CBS else we test the trend start/fill the gap below. Other points: MTM: shifting green ML/S zones: just flipped green on Thursday MS/R: continued higher highs and higher lows Suggestion: continue hold on long position and watch for a break above the 38.27 level
Is at a good support level. It needs to breaks 0.382% fib to show its going up.