Symmetric Triangle : WBDDaily chart Symmetric triangle with bullish alert and new test of the ema 21 to the ema 50 in a bullish way. Lower timeframes are already bullish.Longby TizyCharts334
WBD ABCD in Daily ShortThere is an ABCD forming at 13.7$ in the Daily. I am shorting there with a stop 20 cents above (13.9).Shortby Sergio_196Updated 2
#WBD Straddle! Notional Value - 1.7M$Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance. We do research and find new opportunities every day. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all.by ClashChartsTeam3
Bullish Alert : WBDWhile the daily chart was already bullish, the hourly chart created a bullish alert today. The short term setup sees a higher low, but the action is still driven by the red line which shows a negative price actionLongby TizyCharts0
Profitable streaming business but debt still weighs Headline here is WarnerBrothersDiscovery’s streaming unit swung from a $654M loss to a $50M profit for Q123. Aside from Netflix, none of the streamers are profitable – so profit in WBD’s streaming unit is a “big win” for the company and proof of CEO Zaslav’s drive to reduce debt and increase cashflow. Analysts were forecasting a streaming loss of ~$70M-90M. The company reported a quarterly loss of $1.07B, though its worth noting that $1.81B of that was pre-tax amortization — i.e. the company deliberately harvesting tax losses for the quarter. Adj. EBITDA grew 10% YoY to $2.6B. We’re mostly happy with this result, though we note free cash flow sat at negative $930M due to interest payments on the company’s outstanding debt. It underscores the company’s mission to keep writing-down debt, which Zaslav has continued to do — the company wrote-down ~$5B worth of debt — total leverage still sits at 5x, and we would like to see this move down to 4x but warn that leverage is likely to remain elevated as the interest portion of WBD’s debt continues to weigh with the current interest rate environment. We continue to see WBD as a debt offering with an equity stub (much like private equity) – right now WBD has been “leveraged up” — as that debt continues to be paid down the company will spit out more free cash flow — we expect negative earnings for the remainder of the year. See upside as +$15.00 and downside of $8.00. Read more here: research.blackbull.com by BlackBull_Markets3
WBD | Wave Analysis | Downtrend breakout | Inv. Head & ShouldersWBD : Wave projection - weekly price action and chart pattern analysis > The downtrend channel 5 motive wave breakout with a possible valid inverted head * shoulders pattern formation > A potential ABC correction uptrend pattern - a typical wave b bull flag pattern for right shoulder pattern targeting at 0.618 - 0.786 fibonacci retracement of wave a. > If successfully breakout neckline - TP wave c at 1.618 extension of wave a near MA200w zone +100% > SL @ IHS position -20% downside > Indicator : RSI week bullish divergence Always trade with affordable risk and respect your stoploss Good Luck Longby dukeposh0
WBD Warner Bros Discovery Options Ahead of EarningsAnalyzing the options chain of WBD Warner Bros Discovery prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $2.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptions3
WBD Earning call 50% possible moveWBD Earning call 50% possible move WBD in a strong downtrend (white lines) Earning call can break this resistance and move 50% up or opposite 50% down (preferably down) just add to the watchlist and wait till 5 MayShortby kpdaleksandr0
WBD undervaluedWBD is sitting way under the covid low, and this enormous bullish divergence is only getting bigger showing us that the circulating supply is being absorbed by long term holders. I am buying some shares for long term. I started buying at 13$, and now bought some at 12$, and will buy more at 11$ and 9.65$ if it reaches these levels. I believe the potential for upside is a lot greater than the downside at this point. Only 1 positive catalyst, like inflation peaking, or the War in Europe ending, or US dollar topping will see this asset rise a lot. This entertainement company owns HBO and a lot of copyrights including pro sports and the Game of Thrones series. I have no doubt they will make it through this tightening phase by the FED. From an Elliot wave perspective, It's pretty easy to see that a whole 5 wave cycle was completed and now we are deep in the ABC correction. If the second corrective wave is as big as the first, that would take price action to around the 9$ mark. This isn't financial advice, do your own research. Good luck!Longby cicatraceUpdated 2210
WBD Short 2/28 - 3/10Seeking Short position on WBD below $16 towards 15.6-15.75. Put Option at price $16.03; considering selling at below 15.8?Shortby rubinspe87Updated 4
WBD hit some resistance and is ready for a breakout.Look at this chart of WBD on the Daily TF. On the right side of the chart you will see a purple box which marks a pivot point. Off of that pivot point, there is a Yellow resistance line, where price action was chopping along for some time. The price action then started creating lower highs and lower lows creating a downward sloping megaphone pattern. When you see this type of a pattern on towards the lows of the charts this becomes a bullish indicator. Where you see the yellow line meet with the top of the megaphone pattern is a circle where you can expect resistance. The resistance is due to the pivot point as well as the top of the megaphone. If WBD were to hit the target within a couple of days then it would still be valid for a couple day pull back. Now, if price action chops along the top of the blue line for 6 to 7 days the we can expect a breakout with a potential upside to the $17.00 range. What do you think will happen? Let me know in the comments. Cheers, Longby GarethSolowayOfficial5518
WBD | I'm Ready For A Bounce | LONGWarner Bros. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It also produces, develops, and distributes feature films, television, gaming, and other content in various physical and digital formats through basic networks, direct-to-consumer or theatrical, TV content, and games licensing. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Espanol, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, Magnolia Network, Cooking Channel, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, natural history, exploration, sports, general entertainment, home, food, travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing agreements, and direct-to-consumer subscriptions, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. Warner Bros. Discovery, Inc.is headquartered in New York, New York.Longby DivergenceSeekerUpdated 338
$WBD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WBD after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 44.44%. Longby EPSMomentum0
REVERSE SHOULDER HEAD SHOULDER FORMATIONREVERSE SHOULDER HEAD SHOULDER FORMATION goals set according to finonacci by aet613
WBD bearish hammer on monthlyWBD bearish hammer on monthly should go lower. Not perfect spot, but considering economy I don't see why not.Shortby MishaSuvorovUpdated 221
WBD Megaphone Bearish megaphone forming here for WBD. Look for a breakout below 12.23 Possible move down to 11.50 followed by a move to 10.50 support Set stop loss around 13.53 swing high This is not financial advice. Good luck! Shortby Gooby_Trades1
WBD - Bullish divergenceBullish divergence Price $13.23 (AH 08.31.2022) Target $15.76 Stop loss $12.69 IMOLongby haboston3
WBD: Burry liked this at $25 so...WBD trading in the golden pocket between $13.46 and $14.68 as well as the .618 trend based fib at $14.28. Bearish momentum is decreasing on the Weekly TF as well as an imminent bullish cross on the MACD. Earnings coming up. Should price continue to make new yearly lows, $9 is next. Undervalued here imo. Longby CrashWhenUpdated 664
Similar Recovery Along Downtrend A large double bottom along this green downtrend The right one has completed this short lived recovery We are waiting for a similar recovery for WBD by Bixley0
$WBD ~ Retracement hit target...As expected, Wave 2 pullback has hit the 61.8. As a reminder, wave 2's can retrace 100% of wave 1. This is not the expectation, but we are sitting on the 61.8 as expected. by EndlessCode1
$WBD ~ Appears to have one more leg down...As shown, appears to have one more leg down to meet the 61.8 retracement level. Once complete, expect five waves up to fair market value.by EndlessCode446
Warner Bro USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0