Trading in Warner Bros. Discovery, Inc. (NASDAQ:WBD) is quiet on Thursday. But that hasn't been the case lately. The shares have soared amid a bidding war for the company. • Warner Bros. Discovery stock is trading at elevated levels. What should traders watch with WBD?But if no more bidders come along, there is a good chance the shares will run into resistance soon. This is why Warner Bros. is the Stock of the Day.Netflix, Inc. (NASDAQ:NFLX) entered a deal last Friday to buy Warner Bros. for $27.75 per shar ...

Group 1 - Lyft, Inc. reported better than expected earnings, marking the 16th consecutive quarter of double-digit year-over-year gross bookings growth [1] - The stock is approaching a resistance level at $18.50, which previously acted as resistance in November [2][7] - There is a possibility of a reversal or breakout as the stock nears this resistance level, with traders anticipating potential movements based on supply and demand dynamics [4][8] Group 2 - Historical resistance levels can lead to increased sell orders from investors who previously bought at those levels, potentially creating new resistance [5][7] - If the stock reaches $18.50, it may face selling pressure from investors holding losing positions, which could stall or reverse the upward trend [6][7] - A breakout may occur if buyers overpower sellers at the resistance level, leading to a new upward trend [6]