FXstreet

Paramount Global stock posted a mixed set of Q2 2022 results, weighed down by continued losses in its streaming business and a tough advertising market, although the theatricals business fared well driven by the Top Gun sequel. The daily price is ranging near and below Ichimoku cloud for the daily bullish reversal to be started or for the bearish trend to be continuing. Resistance levels at 25.98 and 26.14 together with support levels at 23.15 are the key levels.

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