T is breaking through resistance at $29.15 and entering a channel it’s kept most of the year. PTs of $29.69, $30.13 and $30.65. Today (12/3) Warner Bros. announced its 2021 movie distribution strategy which will consist of all 17 movies being in theaters and on HBO Max simultaneously. This should provide a nice spike in HBO Max subscriptions. Theater chain shares dropped double digits on the news.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.