Trading Viacomcbs Inc Class B VIAC With Integrated Risk Controls

January 01, 2022, 03:30 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Viacomcbs Inc Class B (NASDAQ: VIAC) report below can help you, but we have more details too. The trading plans for VIAC, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for VIAC

• Buy VIAC slightly over 25.31 target 33.42 stop loss @ 25.24 Details

The technical summary data tells us to buy VIAC near 25.31 with an upside target of 33.42. This data also tells us to set a stop loss @ 25.24 to protect against excessive loss in case the stock begins to move against the trade. 25.31 is the first level of support below 30.18 , and by rule, any test of support is a buy signal. In this case, support 25.31 would be being tested, so a buy signal would exist.

• Short VIAC under 33.42, target 25.31, stop loss @ 33.52 Details

The technical summary data is suggesting a short of VIAC as it gets near 33.42 with a downside target of 25.31. We should have a stop loss in place at 33.52though. 33.42 is the first level of resistance above 30.18, and by rule, any test of resistance is a short signal. In this case, if resistance 33.42 is being tested, so a short signal would exist.

Swing Trading Plans for VIAC

• Buy VIAC slightly over 30.66, target 33.42, Stop Loss @ 30.57 Details

If 30.66 begins to break higher, the technical summary data tells us to buy VIAC just slightly over 30.66, with an upside target of 33.42. The data also tells us to set a stop loss @ 30.57 in case the stock turns against the trade. 30.66 is the first level of resistance above 30.18, and by rule, any break above resistance is a buy signal. In this case, 30.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short VIAC near 30.66, target 29.11, Stop Loss @ 30.75. Details

The technical summary data is suggesting a short of VIAC if it tests 30.66 with a downside target of 29.11. We should have a stop loss in place at 30.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for VIAC

• Buy VIAC slightly over 30.66, target 31.09, Stop Loss @ 30.59 Details

If 30.66 begins to break higher, the technical summary data tells us to buy VIAC just slightly over 30.66, with an upside target of 31.09. The data also tells us to set a stop loss @ 30.59 in case the stock turns against the trade. 30.66 is the first level of resistance above 30.18, and by rule, any break above resistance is a buy signal. In this case, 30.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short VIAC near 30.66, target 30.18, Stop Loss @ 30.73. Details

The technical summary data is suggesting a short of VIAC if it tests 30.66 with a downside target of 30.18. We should have a stop loss in place at 30.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

VIAC Ratings for January 01:

Term →	Near	Mid	Long
Rating	Strong	Weak	Weak
P1	0	0	25.31
P2	30.18	29.11	33.42
P3	31.09	30.66	45.78

Support and Resistance Plot Chart for VIAC

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