Fox Corp

FOXA is in an early Stage 1 consolidation after a terminal decline, marked by a rapid Lockout Rally-driven reversion into the 9/21 EMA zone and contracting volatility that favors upside asymmetry. The repaired 9/21 EMA regime, rising RSI and relative strength underpin a bullish tilt, justifying immediate participation despite overbought readings. We favor continuation entries on shallow pullbacks within the base while monitoring the lower consolidation boundary for invalidation.

• ↑Q3 FY26 revenue rose 27% YoY to $4B, led by 65% ad growth
• ↑Tubi revenue increased 35% YoY, turned profitable, reaching 100M+ monthly users
• ↓Headline ad revenue dropped 24% YoY in Q3 without Super Bowl impact