Paramount Prepares for Stage-2 Breakout

87
PARA appears to be preparing for a transition from stage 1 to stage 2.

Since 2021, the stock has declined by over 90%. Throughout 2024, it has mostly traded sideways.

After nearly a year of price fluctuations around the Point of Control (POC), it now seems better positioned for an upward move.

Although volume support is still lacking, increasing demand suggests that a breakout to the upside could follow.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.