Paramount Global
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VIAC - Temper Expectations

355
Temper your expectations. Trade what is given.
Today's squeeze is probably off of the back of NFLX if I had to guess. Near time upside ceiling IMO is $43.00 unless a stellar earnings report next month.

Downside pervails if crosses back below the 200day MA which now sits at the $40.00 level. Short below and long above is my plan. I think VIAC falls back under it though since this current level is around the top of the descending wedge. I don't expect it to breakout of it yet.

(Opinion Only)




istantanea
Nota
istantanea
Nota
Paused right underneath $43 as expected. istantanea

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