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...
I'm feeling bullish about this Monthly timeframe.
Paramount possesses a range of prized media assets, counting CBS, Showtime, and Paramount Pictures among its holdings. These assets are substantial sources of revenue and profits, effectively establishing a solid growth framework for Paramount's future.
It's worth noting that Warren Buffett has been gradually...
Para has been consolidating in a tight range and will likely provide a good opportunity to play the breakout.
Keep an eye on this one.
The supply zone is a strategically beneficial buy area.
NASDAQ:PARA (PARAMOUNT) shows a turn pattern and can give some positive moving for a long.
Expecting goal is near 20.
Does not constitute a recommendation.
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Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 17/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Paramount owns a number of valuable media assets, including CBS, Showtime, and Paramount Pictures. These assets generate significant revenue and profits, and they provide Paramount with a strong foundation for growth.
Buffet add it to his Portfolio gradually,
maybe it can see $14 again , but at that price , its buying opportunity
I don't like this company or the ideology they push (woke society) ,.. that being said, I do watch some big bro, and that show slaps. The dividend cut was a heart break to many, but damn is this one oversold. Long op for a decade long hold, taking a Buffet approach to this one. Did you know they have a partnership with Walmart+ to offer Free Paramount with the +...
DD: The Selling on Viacom last week between 3/22-3/26 was blown out of proportion, this was clearly a Hedge Fund fueled sell off to scare the long term holders into selling, but the fundamentals for ViacomCBS seem very strong in the future, there are deals with big companies like Hulu & Netflix to carry there content, and they also have there newest in-house...
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...
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.
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
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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...
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...
