Prior to the Coronavirus pandemic, many people were bullish on MAXR and it recently had some negative correlation hits. That being said, now lots of the resistance seems to be gone and investors are wanting to bid positively on the price of MAXR. Please don't take what I say seriously, and as always all I say is on opinion basis and not meant to be taken as...
WIth the love of space looking at other stocks besides SPCE, I found MAXR. They do work with NASA equipment and Satilites, pretty cool company while we all wait for the starklink ipo. With the new budget in USA, the Gov is suppose to increase 12% to NASA funding, which would increase roughly 2.7billion dollars with a budget of rougly 25billion dollars and sure...
Maxr has been performing well over the past few months, i think we are seeing lots of people getting stopped out here. After today's dip, and the past few days of poor performance, i think we are going to hit support at the old resistance level as seen in this chart. Sorry i am not the greatest at these drawings, but you don't even need to draw them it sticks out....
A conservative entry on the break of the high. Target levels indicated on the chart. Maxr will be a big player in the space sector so looking for a solid change of trend and a break of this current year long range into higher levels.
After recapturing its 200 day moving average last week on healthy volume, shares of MAXAR TECHNOLOGIES INC. - NYSE:MAXR appear to be nearing a potential break-out into higher ground as we can observe from the Daily chart above. With MAXR now trading above all of its important moving averages 20/50/200 DMA's, the stock finds itself in a healthy technical...
TSX:MAX After the double bottom on Jan 23 at $6.38 there was a 30% move to the high of $8.28 and since then we've had a pullback and healthy consolidation/potential formation of a bull flag. Notably there has been a daily decrease in bear volume and support has formed at $7.23/$7.30 range. $MAXR priming for the next move (up or down).
MAXR has been in a daily downward trend since Nov 15, 2018 and stayed in the channel between the horizontal purple lines. With the loss of WorldView-4 Satellite on Jan 7 the market reacted negatively and shorts took full advantage causing the break of the lower horizontal line in the channel. This trend line has now formed resistance on the descending wedge (See...
MAXR has been in a daily downward trend since Nov 15, 2018 and stayed in the channel between the horizontal purple lines. With the loss of WorldView-4 Satellite on Jan 7 the market reacted negatively and shorts took full advantage causing the break of the lower horizontal line in the channel. This trend line has now formed resistance on the descending wedge (See...
Found support at the 23.6% retracement. Very over sold on the RSI and turning around in the RSI and the Stochastics. 1 week heikin ashi is indicating reversal. Fell through previous support, which is the first sell target. This matches up with the 38.2% retrace, around $50 - $51. If it breaks this resistance we have two more targets. The first is the previous...