Triangle and +ve RSI divergenceSymmetrical triangle is in formation. price is squeezing, volume is reducing.
+ve RSI divergence.
Soon we should see breakout for big movement.
#VIAC
−0.05 BRL
−5.22 B BRL
148.11 B BRL
About Paramount Global
Sector
Industry
Headquarters
New York
Website
Founded
1986
ISIN
BRC1BSBDR001
FIGI
BBG00R2CQJK9
Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: TV Media, Direct-to-Consumer and Filmed Entertainment. The TV Media segment includes broadcast operations, cable networks, and television studios, creating and distributing TV content both domestically and internationally. The Direct-to-Consumer segment offers a range of paid and free streaming services to audiences domestically and internationally. The Filmed Entertainment segment includes Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax, focusing on film production and distribution. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.
Bearish divergence forming between price and volume for VIACClassical action of price and volume contradicting one another.Price increase and volume not confirming the increase. Longs to be very careful here. And an hanging man today will set up perfectly for a reversal. Please wait for confirmation signal
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