Cup and handle shows promise
Wouldn't enter if on leverage but would definitely enter if not
This is a long term growth stock and the presence of a cup and handle emphasizes this
Chip stocks are a great purchase (including AMD)
Massive growth potential
We called $I a speculative buy when it was $3.11 before the stock jumped to $6. Now the stock looks set to make another run on David Tepper's letter to the board. We are calling $I a speculative buy because Tepper is LONG at higher prices and he just recently added to his position. He is trying to protect his investment and not become a bagholder. Keep in mind...
I shares have been destroyed, but Feds are now saying they will push some cash at the company after taking it spectrum for 5G. The stock has crashed to RSI under 20 print and just testing massive weekly chart support for a possible bounce setup.
$I (Intelsat) is a long term player in the coms race. If it can violate the diagonal resistance around $6.75 with volume, i will looking for an entry. Patience and confirmation are key. Less is more.
Intelsat is a satellite company with ties to 5G infrastructure. It has recently broken out of a flag and looks like a good 60% fib trade. It looks like it maybe in the money another 2-3 weeks if consolidation in volume behind this small cap. It has ties to lobbying for US 5G contracts and MACD looking like it reversed a negative course; same applies to the...
Folks, this might be a great opportunity to buy stock. While the next level lower would take us to ~$19 we have confirmed a third touch point on the ascending trend line. The 14day moving average crossover is certainly bearish but at this point we have a lot of support and completed a 10% drop in price.
Best,
Satchmo
I have always been grateful to have knowledge in both tech and finance.
To be able to Forex EMA 8,12,15,20,25,50 swingtrade & to be able to understand the tech behind the market.
People might read this headline in think so what big deal?
People have no idea the significance that cloud storage (specifically a platform that’s multifaceted, flexible, fungible ,...
I (Intelsat) seems forming a flag formation in daily frame, and fallen angel in weekly frame. It seems breaking out of its long consolidation. We think it can go to $4.40 or higher.
Trade Criteria:
Date first found: January 25, 2017
Pattern/Why- Flag on daily, Fallen angel on weekly
Entry Target Criteria- Break of $3.40 or pull back to $3.25.
Exit Target...
