Small Chance of ReversalPlease observe parallel structure of asset. Please observe Stochastic RSI and RSI near or in oversold region. Bottom indicator recently stopped flashing (last indicator on chart). FVGs are also on chart in green and red. There is a slight chance of reversal. by paper_Trader17750
News CORP ,,, PullbackUptrend In my view, one of the best strategies is finding Pullbacks and getting position after a good trigger. As you see, there is a breakout from ATH and then a good pullback to broken level. There is a good candlestick trigger for entry by setting SL at about 25.4 or below the trend line. Next target can be about 35$. Longby pardis111
ASX: NWS - 3 SEP, 2024 | Elliott Wave - Bullish Market Trend © Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Details: Wave ((iii))-navy is unfolding to push higher since 40.00, it is subdividing into wave (i),(ii)-orange. And wave (ii)-orange probably ended at 41.40, so wave (iii)-orange is unfolding to push higher, targeting the high of 47.19. Invalidation point: 41.40 Longby ShaneHua3
Long News Corp (Short-term) Fundamental - Increasing earnings. - Good impliedVolatility setup. - Expectations of a higher turnover. Longby leohanhart19960
NWSA - Cup & Handle to Long?NWSA long term profit ? Cup & Handle pattern + Above the average line 150. Caution - results report in a few days! Only an idea and not a recommendation for trading!Longby dovale19721
The NWS double top is looking even more bearish than yesterday.This chart looks even more bearish than it did a few days ago. Not only does it have a double top pattern and a bearish divergence, but it now has a candle wick that has dropped below the bottom trend line. Certainly not all, but many times, this can be the 'nail in the coffin' that tips off traders that price is about to break out of the wedge pattern to the downside. At this point, I'm extremely bearish, but will be running a tight stop 1.5% above the upper trend line. Good luck, and always use a stop loss!Shortby MetaShackleUpdated 0
NWS likely to miss earnings expectation on Feb 7th.Media companies have been getting the pants kicked off them lately, and NWS - News Corporation is at the top of an all time high on the charts, which may provide an incredible opportunity to capture a very sharp decline in the price. Earnings will be released on Feb 7th (next week), and with price sitting at/near an all time high, if earnings are missed, it could present a very rare opportunity for short positions/short plays. Good luck, and always use a stop.Shortby MetaShackleUpdated 2
#NWSA# News Corporation (Ticker: NWSA), a diversified media and information services entity, has exhibited mixed signals in recent financial reports. Here's an encapsulated analysis touching upon its financial performance alongside technical indicators as of recent data: Financial Performance: Q4 FY 2023: Revenue: Reported at $2.43 billion, marking a 9% dip compared to $2.67 billion in the same quarter last fiscal year. The decline accounts for a $110 million (4%) benefit from an additional week in the prior year quarter and a $72 million (3%) hit from foreign currency fluctuations. Q3 FY 2023: The company unveiled its financials for the quarter ending March 31, 2023, although specifics weren’t detailed in the snippet. Q2 FY 2023: Revenue: Stood at $2.52 billion, a 7% slide compared to $2.72 billion YoY. Technical Analysis: On the daily chart, the stock is currently navigating through a corrective wave zone. Short-term upward momentum seems to have topped with the peak of corrective wave B at around $22.62, post which a C wave correction is anticipated. The MACD indicator clearly underscores this, showing the upward momentum is waning, and a bearish crossover is on the horizon. The RSI indicator displayed overbought signals post the price touching above $23. Advisory: Combining both fundamental and technical analysis, the advisory leans towards a wait-and-watch stance currently. The suggestion is to eye for a price retrace to $20, followed by a rebound surpassing the previous 5th impulse wave, i.e., $23, before considering entry. by TradingMaestro92
$NWSA with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $NWSA after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%. Shortby EPSMomentum1
$NWS with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $NWS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%. Shortby EPSMomentum0
NWSA Nice and Clean! $NWSA Beautiful and Clean Uptrend consolidating in this Ascending Triangle. - Recent ER Beat & Strategic Reading business model. - 99% Institutional Ownership and Insiders buying. - Clearly, buyers are stepping in as this top volume node grows stronger. Bullish volume accumulation pattern. On Balance Volume indicator confluent making higher lows & highs. - Interest in a bid over $28 on the breakout retest. Remember folks trend is your friend. Keep your trading and charting simple. Volume precedes price action. Longby Trade-Pal111
Buy ZoneMy entry levels to watch for the next sessions. Fast emas are coming to move the price up.by TizyCharts0
NWS- Trend continuationMarket just created a new support, flag pattern, showing buyer still in control Might want to place a Buy stop order at 24.20 Trend continuation candlestick pattern: price consolidating below 24.20 Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.Longby AhKeongTheTraderUpdated 110
BUY to NEWS CORP NEWHey my friends, NEWS CORP NEW is in a fake bearish configuration with a fake return of traded sell volume and a marubozu. The TIMEFRAME M1 shows us an upside down short trace hammer candle with a fake return of sales volume executed. It goes towards its last low point which is below the low of the bollinger to make a reversal. Then she will leave again to check the top of the balance zone and the bollinger as a whole. The price is highly prone to breakout with the return of momentum thereafter for the zone to arrive in the next and climb to the top following. With a catching up of the panic before the session to go and test the top of the equilibrium zone and then go to the top of the bullish channel. In order to make a new check of it and take into account the symbolic figure of 20.00. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd1
Big Potential for NEWS CORP Hey people, NEWS CORP is in a fake bearish movement with a large sell volume made and a marubozu form with two legs of which the larger one is the sell one. In the TIMEFRAME M1 we see a shape of water-carrying candle with a large volume of sales executed, it goes to his VWAP to do a reversal to test. Again the bollinger in all these parts and find the top of the stabilization area to test it. High probability of breaking the price afterwards in the zone with the return of momentum to rise in the next one and reach the high point. With testing the top of the bullish channel if investors are back, come over the top of the stabilization zone for test + symbolic number of 19.00. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0
NWSA Bull Flag Failure or Fake Out?I have a position in NWSA for a Continuation to the upside. Recently, we lossed the 50MA, and the BB:20MA. With the recent activity in SPY and QQQ, I'm speculating that this was a stock that was over sold. You can see the price action extending far outside 2 standard deviations of the Bollinger Bands. I believe that this chart is still looking healthy, although a possible head and shoulders may appear to be forming. I have a tight stop loss.Longby Totalreversal3
NEWS CORP NEW Opportunity DailyHello traders,NEWS CORP NEW is in a bullish configuration, on a strong trend supporting low buying volume. In this situation it is continuing its climb to reach its last previous high point, see going above if the buyers' anxiety is at the rendezvous. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd5
NEWS CORP NEW Now is in BUY SituationHey investors, NEWS CORP NEW is in a bullish push, it is on a bullish slant. Attempt of sellers aborted on a large volume of purchase, configuration of a hammer candle despite this. We can see that a lot of sales volume has been executed in the last few sessions, a possibility of reaching the previous higher of the penultimate session and even to see to interfere at the top of its new zone of consolidation. If the buyers manage to push the price up. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd2
NWSA Ascending ChannelBullish ascending channel, included a strong support zone if it breaks down that far. ABCDE bull break has occurred so farby Bixley3
FX News: RBNZ Keeps Monetary Policy SteadyFX News – The Reserve Bank of New Zealand kept its official cash rate (OCR) at 1.0%. This comes in line with the market’s expectations. However, the bank also said there was scope for further fiscal and monetary stimulus. Such measures will help bolster the economy that faces worsening global tensions trade conflicts. The NZ dollar gained against the US dollar after the news. It rose 0.2% to 0.6331. Meanwhile, the Australian dollar slipped 0.2% to 0.6788. The US dollar index, measuring the buck’s strength against other peers, gained 0.2% to 98.107. Dollar investors are watching US developments after House Speaker Nancy Pelosi announced an impeachment inquiry into President Donald Trump. The safe-haven yen, meanwhile, slipped too. The dollar gained 0.2% against it, reaching 107.28. The British pound dropped 0.2% to 1.2466, after the UK Supreme Court ruled Boris Johnson guilty of unlawful act. Kiwi Monetary Policy on FX News With regards to RBNZ’s monetary policy, the RBNZ said that new information since the August decision did not warrant a huge change. According to the record of the meeting, the monetary policy committee said that employment remains to maximum levels. However, consumer price inflation was still lower than the 2% target. The RBNZ now has two mandate: to support maximum sustainable employment and keep annual inflation in target. Over the medium term, the target is between in 1% and 3%. Annual inflation is presently at 1.7%. It said that global interest rate levels are at historically low levels. This comes in line with low inflation and low growth rate predictions for the future. That means the country’s interest rates will stay low for longer. The committee members expect positive results from economic activity over the coming year from the monetary stimulus.by Financebroker5
News Corp - will it break resistance?News Corp is breaking resistance @$14.4. Depending on how it closes this week, we could see a good trade coming up. RSI and OBV point to the trend going upward.Longby dorfmanmaster2