keeping it simple. We have the weekly chart showing a slow but bearish momentum. I know its having a little rise right now, but thats more or so seen on the daily chart or less. There are a few weak and bearish indicators on the weekly as well. I placed a decent buy area of possible pull back and testing of lower levels before the next rise to my sell zone...
Iridium has reported well the last couple of quarters. The biggest story and "show me" aspect of it is its Constellation Network rollout that will be completed this year. This month, 55/75 satellites will now have been launched and in orbit with help from SpaceX (an amazing partner with a healthy record). There's little reason to believe they won't meet their...