Section 1: Paramount's Current State Before we dive into the takeover aspect, let's look at Paramount's current state. The company has been struggling in recent years. Its revenue has been declining, and it has been struggling to keep up with its competitors. It has also been facing some internal challenges, such as management turnover and creative differences....
Paramount excitement . Lots of strong supports . I have the MACD giving momentum , PEG ratio has dropped , Ichimoku cloud still gives a lot of room for more bottom but Tenkin -sen has moved through the kijun-sen that can shrink the cloud .
PARA (Paramount) Take the weekly chart, connect the lows since 2009 and you get a nice trend line . Price seems to react to this area so the risk reward is quiet good here for a long swing trade . The trend line is your support. 16 is your stop. I'm targeting 19.40 and 20.71, then we reevaluate. For those who want to invest for the long term, PARA offers a...
Potential breakout for this favorite of several value investors
We are trading within a downward channel. After the recent corrective rise we had reached its ceiling but could not break the channel. As the trend remains bearish I suppose that we shall follow the channel now again as we did since mid August.
volume shelf ✅ volume gap ✅ warren buffet loading ✅ cne stocks loading ✅
I've come to talk with you again. Because a vision softly creeping Left its seeds while I was sleeping and the vision that was planted in my brain still remains ------- Me and Viacom (now paramount) have history. Apr 8th 2021 - It was the first stock I became invested in the markets 2 years ago (and lost 5 digits on) Nov 12 2021 - I left this golden nugget...
pretty sure this wuz capitulation. time 2 get in this iznt gunna get much cheaper
Since Archegos got margin called, Paramount shares have declined over 80% from ATH. PARA is now trading at a P/E below 4 and at roughly half its book value. Paramount has been transitioning to streaming, and Paramount + has been rapidly gaining subscribers and revenue, but the main causes for concern have been its high debt, and the decline of its cable TV...
We are breaking out of the trading range having been existed since June. As there is a long term support we may see a larger fall if succeeding.
Very similar structures, a rising double bottom If this is the case for this second structure we may be upon a large bull move Bullish on this Weekly timeframe Price action thoughts posted in green bars pattern
This stock looks like just fine. Double bottom after correction is a strong sign of bull's market takeover. Generally price is completing right shoulder of inverse head.
$PARA 1D lets see if it follows this path. I believe this stock will follow the path in pink.
NASDAQ:NFLX has already dropped from ATH of 6xx $ to 17x$. Paramount looks next. On charts we see a technical head and shoulder (HS) in play. The breakdown has started. Wait for confirmation by retouch on the neckline of the HS pattern before shorting (green flag). Any confirmed close above the neckline voids the HS pattern and this analysis. Target is...
We fell beneath yesterdays low and may see renewed selling pressure now.
lol P/E 4X, we went long yesturday for earningz next month u wont c this thing under 24 again
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...