VIAC (ViacomCBS, Inc.) appears to have a repeating pattern: Multiple times upon reaching it's all time high,
it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel.
Even more strange, it has done so within 212 days twice already.
A potential long-term short opportunity presents itself from the March/April 2021 time frame forward.
I currently have no position in VIAC, so this is just my unbiased opinion based on past performance.
it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel.
Even more strange, it has done so within 212 days twice already.
A potential long-term short opportunity presents itself from the March/April 2021 time frame forward.
I currently have no position in VIAC, so this is just my unbiased opinion based on past performance.