Feeling market bullishness in Dec 2020 from the NASDAQ (IXIC index)? December has been a bad month for the telecommunications stocks: T-Mobile TMUS, Verizon VZ and AT&T T - bad too for Media companies, Comcast CMCSA, Charter Communications CHTR, ViacomCBS VIAC, Fox FOXA. And the big Railroad companies have been trending down since mid November: Norfolk Southern...
Reliable rounding bottom pattern should result in a completion up of the right side.
NASDAQ:ACIA consolidated side ways for quite some time and seems to be ready for a bullish move. Targets 79$, 86$~91$ zone and then 100$. Stop can be placed at 66$. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
I've been buying long-term (2022) calls on Nokia, and they're performing very well this past week. The good news for Nokia has kept rolling in throughout this coronavirus downturn, and Nokia announced today that it has declared a total of 3,000 patents related to 5g. Last year it looked like Nokia was falling behind in the 5g race, but ever since it suspended its...
After consolidating, communications breaking out higher from flag formation as WFH continues to push this sector higher app.optionsplay.com
VZ is making a double bottom within the designated channel. Using Fibonacci Retracement levels, we see the support at $53.5, seems to align well with the 38.2% level. Because the 61.8% level was broken, I expect the path of least resistance to be higher.
XLC is dancing on the edge of a potential decline with significant resistance and a potential double top into the 57.62 level. We are considering this entire 5 wave impulse as complete with a potential (A), (B), (C) decline. Looking to place a 60/49/47 Put Debit Butterfly expiring Aug 21st with debit no more than 3.60
When we look at the daily, it seems very positive. It is clearing the buy point $215 will target the pivot $224. However, when we look at the monthly, price is rising but RSI is still below the last highs. Watch how it will close by the end of the month. If you find my charts useful, please leave me a "like" thx
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$BIDU needs to get above $107.30 to make higher high. If It breaks down the support zone, will be going to $82.
#Twitter is swinging up and closing to the resistances zone to overcome. It is still below 50SMA, rsi is above 50 though.
Took SIM @ .13. Under the radar play. Supplying military & first responders with communications equipment. Operating as essential business during the pandemic. Oversold and hit 52 wk low at .125 today. Scored some good contracts...
#Facebook just broke both $181.23 and 50SMA and approaching to the resistances zone…
It is breaking out both SMA, 50 and 100. Volume is well above, RSI is strong
RSI is just above the 50.14.90 is the resistance to get over.
#NetEase is breaking the resistance, volume is below the average for now.
#Verizon Communications is just between 50SMA and 100§200SMA. Volume is below the average and needs more in to break out the SMAs