$WBD - RC -
Added 2023-11-15 13:36:14 +0000 UTCHas had a difficult few years, after the streaming service pump in early 2021, (this is also found on the $PARA chart) it has been declining aggressively since and lost the $16 low from 2020 in early 2022.
$WBD has been spending 2023 consolidating between $10 and $16 and staying below the 50 and 200 Day MA on the weekly chart.
This may continue for awhile so there is no count here because we would just be speculating when this could reverse and that may not come for awhile.
Price needs to get above $16 to show signs of reversing.
Comments
I have been waiting on a pullback from PARA
ksims2
2023-11-15 18:31:22 +0000 UTC
