Liberty Media Corp | LSXMA | Long at $21.00Liberty Media Corp NASDAQ:LSXMA may have just double bottomed near $20. If so, it could mark the beginnings of a turnaround in price (especially during this political season). However, I am staying cautious. Warren Buffet was diving into this name a little too early for my taste, but now it is in a personal buy zone if it can stay above the $20 mark in the near-term.
Target #1 = $25.00
Target #2 = $30.00
Target #3 = $43.00 (long-term view...)
LSXMA1 trade ideas
FWONAThe Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights.
A name via my screen. An appealing medium term structure.
Trade Set-Up for Liberty Media Corporation (LSXMA)Fundamental Analysis
Company Overview:
Liberty Media Corporation, through its Liberty SiriusXM Group, owns interests in SiriusXM, a leading satellite radio and streaming service provider. The company has recently announced a proposal to simplify its ownership structure by merging Liberty SiriusXM with SiriusXM to form a new, consolidated public company. This restructuring is expected to streamline operations, improve trading dynamics, and enhance liquidity (Radio Ink) (Liberty Media Corporation).
Recent Performance:
Market Capitalization: $7.49 billion
P/E Ratio: 9.43, indicating a potentially undervalued stock relative to earnings (MarketBeat).
Analyst Ratings: The stock has a consensus rating of "Moderate Buy," with a price target of $31.13, suggesting a 36.8% upside from the current price of $23.20 (Stock Analysis) (MarketBeat).
Key Developments:
The merger with SiriusXM aims to create operational efficiencies and provide value to shareholders.
Despite challenges, including a delayed launch of a new streaming app, the company's strategic moves are geared towards long-term growth and market competitiveness (Radio Ink) (Liberty Media Corporation).
Technical Analysis
Chart Analysis:
Current Price: $23.20
Support Level: $20.13
Resistance Level: Approximately $34.26
Moving Average: The 20-month simple moving average (SMA) is around $28.60, indicating the stock is currently trading below its long-term trend.
Volume:
There has been significant volume in recent trading sessions, suggesting strong investor interest and potential for volatility.
Trend:
The stock has been in a downward trend since mid-2021, but recent price action indicates a potential for reversal if it can sustain above key support levels.
Trade Set-Up
Buy Set-Up:
Entry Point:
Consider entering a buy position at the current price level around $23.20, especially if the stock shows signs of holding above this support.
Stop Loss:
Set a stop loss below the recent low at approximately $20.00 to limit downside risk.
Take Profit:
Target the resistance level at around $34.26. If the stock breaks this resistance with strong volume, consider extending the target to $38.00.
Sell Set-Up:
Entry Point:
Consider a sell or short position if the stock fails to maintain above $20.13 and shows a clear breakdown with increased selling volume.
Stop Loss:
Place a stop loss above $25.00 to protect against potential reversals.
Take Profit:
Target the next support level at approximately $15.00 if the stock continues to decline.
Conclusion
Liberty Media Corporation's stock presents an intriguing opportunity with the potential for significant upside due to its proposed restructuring and merger with SiriusXM. The stock is currently trading at a relatively low P/E ratio, suggesting it may be undervalued. Technical indicators show critical support and resistance levels that traders should monitor closely. Balancing the fundamental outlook with technical signals can provide a robust strategy for trading LSXMA.
ATL - buylooks like an ATL to me, we see a lot of buy from Berkshire. fundamental PE ATL. fundamental not great but lots of potential holding F1 and MotoGP
potential skyrocketThis is for my own study only. The stock comes from a online free screener, with <50% float, > 50% insider ownership, >5% inside transaction, relatively high short float. Let's see if it goes up in the future.
LSXMA - Good Upside PotentialLSXMA broke the parallel channel that was holding the price since November 2022 after making a double bottom with the March 2020 low, I also liked the fact that the 2D SMMA was also broken, after having served as resistance since January 2023 and it is currently retesting it, and as if that wasn't enough to be bullish, LSXMA had a bullish divergence on the RSI on the weekly time frame.
I believe that if the LSXMA price holds above the parallel channel (SMMA), it could be the beginning of a new up trend, and could give good gains in the medium term.
FWONK Stock Soars Near All-Time High Ahead of Formula One SeasonAs the anticipation builds for the start of the 2024 Formula One season in Bahrain, investors are closely eyeing the performance of Formula One Group ( NASDAQ:FWONK ) stock, which is nearing its all-time high. With a recent surge of over 4%, NASDAQ:FWONK closed at $72.76, edging closer to its peak of $78.67 observed last year. As the world gears up for another thrilling season of Formula One racing, the financial outlook for NASDAQ:FWONK remains robust, supported by strong revenue growth and strategic initiatives aimed at expanding its fanbase.
Excitement Surrounds Formula One Season Opener:
The upcoming Formula One season kickoff in Bahrain promises to captivate audiences worldwide, drawing millions of viewers eager to witness the thrill of high-speed racing and intense competition. All eyes will be on key teams, particularly Red Bull, following its dominant performance in 2023, where Max Verstappen clinched victory in 19 out of 21 races. While such dominance may have impacted viewership, the allure of Formula One remains strong, with heightened anticipation for a more competitive season ahead.
Financial Strength Amidst Sporting Spectacle:
Despite fluctuations in viewership, Formula One Group continues to demonstrate robust financial performance. Buoyed by substantial revenues from hosts, media contracts, and corporate sponsorships, the company witnessed a remarkable 25% revenue growth in 2023. The addition of the Las Vegas venue and rising ticket prices further contributed to its financial resilience. With a healthy balance sheet boasting significant cash reserves and manageable debt levels, Formula One Group ( NASDAQ:FWONK ) is well-positioned to capitalize on opportunities for growth in the evolving landscape of motorsports.
Expanding Audience Engagement:
Formula One's efforts to diversify its fanbase, particularly among women and young viewers, underscore its commitment to inclusivity and accessibility. The establishment of the Formula One Women's Academy, spearheaded by Susie Wolff, signals a strategic initiative to nurture talent and foster diversity within the sport. With women and girls comprising 40% of the fanbase and a growing demographic of younger spectators, Formula One Group ( NASDAQ:FWONK ) is tapping into new avenues for audience engagement and brand expansion.
Technical Analysis and Market Outlook:
A closer examination of NASDAQ:FWONK 's stock performance reveals an encouraging trajectory, with the share price bouncing back from key support levels and exhibiting bullish momentum. Trading above critical moving averages and supported by positive indicators such as the Relative Strength Index (RSI) and MACD, NASDAQ:FWONK is poised for further upside potential. As investors set their sights on NASDAQ:FWONK 's previous high of $78.67, the path of least resistance appears bullish, signaling prospects for continued gains in the near term.
Conclusion:
As NASDAQ:FWONK approaches its all-time high amidst the excitement of the Formula One season kickoff, investor optimism remains palpable. With a compelling blend of sporting spectacle, financial strength, and strategic initiatives to broaden its audience appeal, Formula One Group is well-positioned to capitalize on the global passion for motorsports. As the racing season unfolds, all indicators point towards an exhilarating journey ahead for FWONK and its stakeholders.
Liberty Media Corp Series A (NASDAQ: FWONA) Deep DiveThe Formula 1 (F1) championship has delivered goosebump-inducing racing for 73 years, and the show just arrived in Las Vegas for one of the most anticipated events of the year.
F1 previously visited the entertainment capital of the world for two races in 1981 and 1982, but the 2023 reboot from Nov. 16 to 18 is set to be bigger than ever -- not just for the sport but also for F1 parent company Liberty Media and its investors.
Formula 1 is going from strength to strength
Formula 1 is more successful right now than it has ever been, whether you look at fan attendance or its financial performance. Much of that is owed to Liberty Media, which acquired the sport in 2016 and brought major growth initiatives to the table.
The F1 championship hosts 10 teams with 20 cars developed by some of the largest brands in the automotive industry. They include Ferrari, Mercedes-Benz, McLaren, and Aston Martin, to name a few. In 2026, other legendary automakers like Audi and Ford will partner with existing teams to enter the sport.
But Liberty has focused more on growing the calendar as a way to engage new fans in different parts of the world. There were 21 races during the 2016 season, whereas now there are 23. They span across Asia, the Middle East, Europe, and the Americas, with the latter region benefiting most from the expansion. The two new races both take place in North America specifically, with Miami and Las Vegas each signing 10-year deals.
The calendar will expand again to 24 races in 2024 with the return of the Chinese Grand Prix.
Last year, 5.7 million fans physically attended races around the world. It was a record high and also 36% above the 2019 season, which was the last one unaffected by the pandemic. Of course, more races equals more attendance, but interest in the sport is also bolstered by off-track initiatives. Endless streams of behind-the-scenes content from each team and each individual driver can be found all over social media. Furthermore, Netflix's ongoing Drive to Survive series remains a raging success.
Future Prospect
The Formula One Group will finish 2023 with about $3.26 billion in revenue, according to Wall Street analysts, marking a solid 26.7% increase from 2022. It averages out to $148.2 million per race (note that revenue figure includes race promotion, licensing fees, and sponsorship deals).
But here's the mind-blowing part: The Las Vegas Grand Prix is expected to bring in at least $500 million in revenue on its own! Some estimates suggest it will also have a whopping $1.3 billion economic impact on the city, which is double the $600 million impact the NFL Super Bowl could have in Feb. 2024.
But taking over the Las Vegas strip for an entire weekend isn't cheap. And F1 has leased the famous Las Vegas Sphere -- inside and out -- and it will also feature an epic slate of entertainment from John Legend, Steve Aoki, Tiesto, will.i.am, and more.
Liberty expected to invest $400 million in the event, but some estimates suggest it's approaching $500 million already. However, a portion of that money went toward one-time costs like the construction of the pit building, which is the largest on the F1 calendar. Without those expenses going forward, the race should be far less capital intensive and more profitable from the second year onwards.
Is this the Right Time to Invest In Liberty Formula One stock?
Formula 1 has expansion on its mind, and it isn't slowing down. In addition to growing the calendar, there are ongoing talks to put two more cars on the grid by bringing in another team. While nothing is confirmed, more races, more automotive brands, and more driver personalities will only create opportunities to attract new fans.
Plus, rumors were swirling in October that tech giant Apple is interested in bidding a whopping $2 billion per year for the global rights to broadcast F1. Media rights accounted for 36.4% of the sport's total revenue last year, making them the largest contributor ahead of ticket sales (28.6%) and sponsorship fees (16.9%).
Price Momentum
FWONA is trading in the middle of its 52-week range and below its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some downward momentum.
June Gainers (FWONK, account up 1.03%)3rd trade in June is NASDAQ:FWONK .
Holding period is 0 day.
Account is up 1.03%.
Total return in June is 2.78%.
LSXMA | Time to Start Loading | LONGThe Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is headquartered in Englewood, Colorado. The Liberty SiriusXM Group is a subsidiary of Liberty Media Corporation.
$LSXMA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LSXMA after a Negative over reaction following its earnings release placing the stock in drift C.
$FWONA with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FWONA after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
$FWONKThis stock looks healthy with plenty of room to still move up! If the trend continues to move up then expect to see $58. This was charted using the 2H and W charts. If it decides to breakdown we can see a price back down to $38.
The LIBERTY MEDIA CORPORATION Price Hey traders, LIBERTY MEDIA CORPORATION is in a bearish dynamic fake with high volume buy executed and a large upside down hammer candle. By zooming in on the TIMEFRAME M1 we observed a dash with a weak explosion in the purchase volume spent to go and test the highest of the bollinger. And come check the top of the bearish channel which corresponds to a major resistance level.
It is very plausible to breakout the price with the momentum at the same time the resistance then the bearish channel and put on the high which follows. Propable filling of the bearish breaking gap but little force to arrive on the high after we fail on a neckline for the moment.
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LIBERTY MEDIA CORPORATION Strategy DailyHey traders, LIBERTY MEDIA CORPORATION is in a bullish momentum with stable volume executed and a water carrying candle. The TIMEFRAME M1 we notice a dash with a low volume of purchase made, it goes in the direction of the highest of the bollinger. For the broken in force at the same time check the top of the balance zone. High potential to breakout the price thereafter the area to access another and go to the top that comes.
This is found (on TIMEFRAME H4) including an excess (on TIMEFRAME H1) before the breakout of an equilibrium zone. Not enough buying force to test the intermediate median of the ANDREWS PITCHFORK range.
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#LSXMA - Potential reversalNASDAQ:LSXMA
Liberty Media Corporation - LSXMA
- The stock has been trading sideways since November 2020
- On the 15 January, reversal candle at 61.8% fib level
- MACD is signalling a potential reversal
- The RSI is low and may have room for an upside
- Entry price @ $ 40.53
- 1st target @ $ 42.00
- 2nd target @ $ 43.80
- Stop loss @ $ 38.81
BUY to LIBERTY MEDIA CORPORATION DailyHey my friends, LIBERTY MEDIA CORPORATION is a fake bearish movement low volume buy she tried to hit her retreat but failed under. The buyers are still trying to push but they do not have enough strength, great possibility of retesting the line which tells the story of LIBERTY MEDIA CORPORATION and of climbing to its previous high point.
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LIBERTY MEDIA CORPORATION Perspective DailyHey guys, LIBERTY MEDIA CORPORATION is in a fake downward pressure on average purchase volume, on the TIMEFRAME 15 and 30 min a bearish continuation to look for a turning point
and on the 5 minute we see an attempt to refuse buyers. In this case the buyers are still in the act it is likely that we continue to climb, to arrive on the last precedent above which is on the line which tells the story of this one.
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