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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 👇👇👇

#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
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