WMG, a no brainer LONG propsect!WMG net positive volume has increased quite significantly this past few days conveying that long term price shift is about to happen.
On the daily data, WMG is sitting at a very discounted price of 1.0 FIB LEVEL -- the most bargain level you could get. Best price to seed at this range.
Higher lows
Warner Music Group Corp. Unsponsored Brazilian Depository Receipt Repr 0.25 Sh A
No trades
No trades
Compare with Warner Music Group Corp. Unsponsored Brazilian Depository Receipt Repr 0.25 Sh A
21,882.353
0.002 BRL
2.06 B BRL
38.21 B BRL
Company info
Sector
Industry
CEO
Robert Kyncl
Website
Headquarters
New York
IPO date
Jun 3, 2020
ISIN
BRW1MGBDR009
FIGI
BBG00XV3TN13
Identifiers
ISIN BRW1MGBDR009
Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.
WMG - 8.31% Potential Profit - Swing Trading SetupGood risk / reward ratio on this trade.
Ascending Triangle.
- Target Entry: $34.20
- Stop Loss: $33.36
- Target Exit: $37.05
- Risk / Reward Ratio: 3.39
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is goi
WMG - Up against multi year trendline
Accumulation above 60 VMA +++
Backtest of the trendline support ++
Holding on the volume shelf +
ER on Nov 16 might break this one or the other. Good R/R here with small stop loss.
ERs have been very volatile with huge swings. I prefer this to breakout and base for next leg up.
No posi
WMG Warner Music - BULLISH SCENARIOWMG - Some controversy stirring the pot with one of WMG's biggest artists Ed Sheeran, according to the latest news Sheeran was found not guilty nor liable in the copyright lawsuit against him and eventually affecting the company-owned labels Asylum, Atlantic, Elektra. Potential recovery from that de
Warner Music Group LongsWarner Music is trading up around 3% today following Atlantic Equities upgrading the stock to overweight from neutral. The firm said Warner Music has shown that it can continue to deliver growth in streaming despite a difficult economic backdrop.
Technically, I like and betting personally on the up
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Maturity dateJul 15, 2030
Coupon3.88% (Fixed)
Maturity dateDec 1, 2029
Coupon3.75% (Fixed)
Maturity dateFeb 15, 2031
Coupon3.00% (Fixed)
Maturity dateAug 15, 2031
Coupon2.25% (Fixed)
Maturity dateJul 15, 2028
Coupon2.75% (Fixed)
Maturity dateAug 15, 2031
Coupon2.25% (Fixed)
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