Paramount Skydance

$PSKY

Taking this one for a trade on the long-side

$PSKY caught a nice post earnings pop before backfilling the gap it created from that event. It hasn’t broken despite market weakness the past few days, and a risk/reward setup against the earnings report highs is favorable. Potential from there is TBD, but in a market little is working, this presents a low risk setup to fill the long book with something.