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RizeSenpai

Ericsson: Bullish Bat with MACD Bullish Divergence

Long
Ericsson (NASDAQ:ERIC)  
RizeSenpai Updated   
NASDAQ:ERIC   Ericsson
Trend Analysis Harmonic Patterns Technical Indicators 5g ISP wireless cellphones Bullish Bat range partialdecline macdbullishdivergence mobilenetworks
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trendanalysis harmonicpatterns indicator 5g isp wireless cellphones bullishbat range partialdecline macdbullishdivergence mobilenetworks
We have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.

Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call options that are currently trading at well below a dollar.
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