Paramount GlobalLong
Staying Alive
I don't know about you, but I got the Saturday Night Fever for VIAC.
Since Archegos made its fatal misstep, VIAC has been under short pressure from the Shylock.
Tax harvesting has relieved some of that pressure from shorts.
Add market sentiment shifting to risk off appetite,
We will likely see a retro stock like VIAC back in fashion this year.
I'm not saying the dance will rise to 100 again, but an ascending triangle breakout might see the 40-50 range again by the end of jan.
Since Archegos made its fatal misstep, VIAC has been under short pressure from the Shylock.
Tax harvesting has relieved some of that pressure from shorts.
Add market sentiment shifting to risk off appetite,
We will likely see a retro stock like VIAC back in fashion this year.
I'm not saying the dance will rise to 100 again, but an ascending triangle breakout might see the 40-50 range again by the end of jan.
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