Paramount GlobalUpdated VIAC: Technically Negative But Nearing Support
VIAC has been drilling pretty consistently. Momentum on the daily is still negative but is turning up and the stock is approaching a key resistance near the 37 USD level. I could see a possible bounce into earnings as shorts cover. Long term this stock still has a lot of proving to do.
Note
nice bounce today, my theory seems to be playing out
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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.