Warner Brothers is back down near 2008 support level.
Fundamentals have growth and valuation relatively in line with rest of sector.
From a long term R/R perspective, this presents a great opportunity. However, I would not recommend a downside of 50.
One could lock in at 4-6% stops, and have 4 losses that equate to less than 50% thereby mitigating the relative risk based on ones own risk tolerances.
Fundamentals have growth and valuation relatively in line with rest of sector.
From a long term R/R perspective, this presents a great opportunity. However, I would not recommend a downside of 50.
One could lock in at 4-6% stops, and have 4 losses that equate to less than 50% thereby mitigating the relative risk based on ones own risk tolerances.
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