Paramount Global - PARA 11.19 USD - ride to 17 USD.

Updated
Paramount Global in interesting situation. Company sold to money, means to Davis Ellison son of Oracle founder. Means money should never be a problem.
And Davis Ellison has experience in this business and is very successfull with his own companies Skydance media.

For sure. Davis has not the biggest cable TV net bought, but he has a lot of content to fill this up with own low prices, to grow up. It not must be Amazon prime.

Meantime Mr. Ellison decided to install 2 Co Leaders for PARA and will increase efficency.

Technical side all prepared for ride to 17 USD next Year.
Why:
- Prices bottomed at long term support
- No more huge Seller packages
- Buyers returning, confidence to Mr Ellison
- MA 10,20,30 at weekly turning upward
- outbreak from descending triangle

Dan, 9.12.24

Trade active
Long at 11.19 USD
Trade closed: target reached
First impulsive step done
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