Aug. 15 at 2:48 PM
$BSY Next Support:** If
$52 fails decisively (closing below
$51.80-
$52.00 consistently), the next major support isn't clear until the **
$48-
$50 zone** (early 2025 lows, psychological level).
4. **Fundamental Headwinds:**
* Cord-cutting accelerating in linear TV.
* Streaming (Paramount+) still burning cash, intense competition (Netflix, Disney+, Max).
* High debt load limiting strategic flexibility.
* Uncertain advertising market.
* Potential M&A speculation often fails to materialize or disappoints.
* **Upcoming Catalyst: Earnings (Expected ~August 20th)** - High risk event. Weak results/guidance could trigger another leg down. Better-than-feared results could spark a sharp, but likely temporary, short-covering rally.
