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Analysis: #NASDAQ $VIAC

Case 127 #ViacomCBS Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread πŸ‘‡πŸ‘‡πŸ‘‡

#VIAC 1/4
Chart 1
Monthly Chart: The long term #support at 41.36 finally gave way in Sept. 2019. Some mild support seen 32.15-31.85 but we expect this zone to be flimsy and price should head towards 28.50-26.95 and a ......

VIAC 2/4
..... break of the latter could see price quickly fall to 18.90. To the upside #resistances are formidable. The #SMAs are negative pointing to further losses.

VIAC 3/4
Read 4 tweets
#TheOffice β€” the No. 1 streaming show β€” will leave @Netflix + be exclusive to @NBCUniversal's new service.

Hoarding beloved movies + shows for the rights holder's branded #streaming services will soon be the law of the land. Prepare yourselves.

hollywoodreporter.com/live-feed/offi…
The @WarnerMediaGrp streaming service β€” which supposedly soft-launches later this year β€” will reportedly be called "HBO Max"

tvline.com/2019/07/02/war…
Branding Quiz πŸ‘¨β€πŸŽ“

1. If you owned a vast collection of brands, and were aggregating ALL of them into one pricey, direct-to-consumer offering, would you choose to name that offering after just ONE of the brands?

2. Isn't there enough brand confusion already with HBO Now/HBO Go?
Read 18 tweets

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