Echostar Corporation (NASDAQ: NASDAQ:SATS ) has recently made headlines as its subsidiary, DISH Wireless, secured a groundbreaking $50-million grant from the U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA). The grant, awarded under the Public Wireless Supply Chain Innovation Fund, is earmarked for the establishment...
In a bold move to fortify its position as a global leader in connectivity, EchoStar Corporation (Nasdaq: NASDAQ:SATS ) recently completed its acquisition of DISH Network Corporation, marking a significant milestone in the company's quest for unparalleled wireless, satellite, and video distribution capabilities. The strategic merger has not only strengthened...
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Nice setup on this nice value
triangle in formation with good proportions (CD=61,8% of AB)
why not E so that DE=61,8% of CD, would be around 24,7USD
stop under 24 USD (=D)
Target 33 USD = 1,618 wave 1
but could be much more
Assuming we entered a new cycle end of 2021 - invalidation 19,75
we may now finish the 2nd correction wave bringing the share to 21 usd
Strategy: surf the 3rd wave !
entry = 21,78 (note: hourly gap 21,03)
stop = 19,75
target = 33,70
EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS).
$SATS is a company that maintains a hefty debt of $2.39B, however, it maintains $2.5B cash to offset that burden so in the short term it shouldn't mean a...
EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services worldwide. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segments offers broadband satellite technologies and Internet services for home and small to medium-sized businesses, and satellite services;...
Long-term consolidation has been broken down. The development of the descending 3W model downward may lead to a decrease in the price to the target level around 12.
Great combination-Excellent future.
Satellite = Sats
+New invention=linking high schoolers with big brothers/sisters with bluetooth usb dongles that upload new information from the accredited knowledge portal Storing school books + transparent projects, strengthened communications among role models.
