Warner Bros. Discovery, Inc. - Series A
Long
Zaktualizowano

WBD: Burry liked this at $25 so...

618
WBD trading in the golden pocket between $13.46 and $14.68 as well as the .618 trend based fib at $14.28. Bearish momentum is decreasing on the Weekly TF as well as an imminent bullish cross on the MACD. Earnings coming up. Should price continue to make new yearly lows, $9 is next. Undervalued here imo.
Uwaga
snapshot
Being a bit careful here as WBD is tagging 1.618 fib extension. Overextended with earnings coming up. Will accumulate more shares back in the grey area
Uwaga
With SPX looking to temporary reverse back to ~4,000 imo, WBD will probably drop back into the accumulation area especially after that abysmal earnings report. A lot of shorts having fun, but regardless of Debt > MC, Price to Free Cash Flow is nearing a new ATL at 4.67.
Uwaga
Scooped up some more shares at $14.8
Uwaga
snapshot
I probably should have paid attention to that massive shooting star on the weekly TF! Still not a bad buy here imo. I'm not too concerned with the financial FUD from the bears
Uwaga
So Burry completely cashes out of WBD. This is where FA contradicts with TA. If it wasn't for 1) star on weekly TF 2) S&P shitting the bed, I'd happily double down. Against my better judgement, I'm holding on here.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.