After underperforming the S & P 500 through most of 2025, Fox Corporation (FOX) is finally showing signs of real strength. With a gap higher after its recent earnings release, and improving momentum signs on the follow-through phase, we're seeing further upside potential for this media conglomerate. The daily chart shows how the consolidation phase that has lasted through most of 2025 started with a February peak around $54.50. FOX then sold off to reach almost down to its 200-day moving average around the April market low. The stock tested a secondary resistance level around $52 through the spring months, before finally retesting the $54.50 level in August. The price momentum, as measured by the RSI indicator, was fairly constructive during this consolidation period. Pullbacks saw the RSI
The charts on this media giant signal strength after a long consolidation period
CNBC Investing11/06
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