Summary by Futu AI
Warner Bros Discovery CFO Gunnar Wiedenfels engaged in multiple stock transactions between February 28 and March 3, 2025. The executive acquired 174,521 shares of Series A Common Stock through a grant award at $0 per share on March 3, while disposing of 78,928 shares at $11.46 per share on February 28, resulting in a total disposal value of $904,515.Following these transactions, Wiedenfels directly owns 1,432,407 shares of Series A Common Stock. Additionally, he maintains indirect beneficial ownership of 27,185 shares, with 14,140 shares held as custodian and 13,045 shares held by his spouse.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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