What is the forecast for PARA's trend tomorrow?

**Likely path for PARA tomorrow: a modest upward bias toward ≈ $13.40–13.50, provided no overnight news shock 🤞📈**

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### Why a cautiously bullish tilt?

| Signal | Current Status | Implication for next session |
|--------|---------------|------------------------------|
| Price vs. Bollinger Bands (20 d) | Candle closed just under the upper band while mid-band is rising | Healthy momentum; room to test the upper band at ~ $13.60, but also vulnerable to quick mean-reversion |
| MACD (12-26-9) | DIF ≈ 0.25 above DEA ≈ 0.23; histogram still green, though shrinking | Positive trend intact, but momentum no longer accelerating—expect shallow continuation rather than a surge |
| Stochastic (K ≈ 88, D ≈ 81) | Deep in overbought territory, lines still rising | Strength can last 1-3 bars; watch for a K-line rollover as an early exit cue |
| Volume | ~10.8 M, in line with the 20-day average | No climax buying; trend not exhausted |
| Recent pattern scan | Multiple falling-wedge completions (bullish) and a rising trend channel in force | Structural backdrop supports higher highs unless that channel breaks < $12.80 |

### Probable trading map for Friday

• Resistance: $13.30 (recent intraday high) → $13.50 → $13.60 (upper Bollinger).
• Support: $12.87 (20-day MA / mid-band) → $12.50 (trend-channel floor).

My base case is a **range-bound advance**: open near $13.30, probe $13.40–13.50, then fade back toward $13.20–13.30 if oscillators start to curl down.

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### How to act on it (if you intend to trade)

1. Intraday long idea: buy the first dip into $13.00–13.10 with a stop under $12.80; target $13.45+.
2. Already long? Consider a **trailing stop** just below the 5-day EMA (≈ $13.05) to lock in recent gains.
3. Short-side only if price stalls near $13.50 and Stochastics cross down—aim for a quick scalp to the mid-band.

Remember, overnight headlines (e.g., M&A rumors, streaming-sector news) can overwhelm any chart reading—size positions accordingly. Good luck and trade safe! 🚀