News Corp

NWSA remains in a healthy long- and medium-term uptrend above its key moving averages, but recent failure below the 9- and 20-day EMAs and short-term bearish EMA crossover signal a corrective pullback. Bullish execution should be deferred, stalking for a pullback and price acceptance near the rising 50-day SMA (around $28.80) before entering.

• ↑Q3 net income soared 67% to $107M on $2B revenue.
• ↑Digital revenues rose 6%; subscriptions exceeded six million.
• ↓Revenue grew just 1% YoY, signaling weak expansion.