You can see, at a glance (
monthly charts below of
FOXA,
CMCSA and
TWX), which media giants are leading or lagging each other overall...they are all at or below their respective major resistance levels.
The only one whose
momentum indicator is above
zero on this long-term timeframe is
FOXA...if it plunges and falls below
zero, no doubt the others will weaken further.
On the flip side, if
FOXA breaks and holds above its prior swing high of
39.27, the others may gather strength, as well.
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| Parent company of FOX TV |
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| Parent company of MSNBC TV |
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| Parent company of CNN TV |
