If Dish crosses $27 mark this week (11/06) with help of quarterly results, then it can sustain above that. Or else more chances to fall back $23 support post elections rally. Note: Quarterly results are on 11/04 and Election results are also on 11/04
Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
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Successfully sustained above $27 on 2nd day after this analysis post and also a day before result. Now still sustain above $27 after quarter results.
Hoping next week, it will test $30 mark for consolidation.
Trade closed: target reached
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Hit high 29.99 on 11/09, Monday. I exit a portion with $29.57.
Next NASDAQ:DISH analysis when it crosses 31. Till that enjoy, keep following me for more updates and never miss an update.
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30+ was not expected. Enjoy the rally.
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Analysis was done when price was 26.29 (Nov-4). Now it is sanding at 31.54 (13-Nov, 7 sessions). Still post-market expected jump up till 32.21.
My only unanswered question is when this post-election will consolidate/correct ?
This is only information and education purpose: Booked profit for a small portion @ 29.57, waiting for another small portion ~34-35. And planned for a major chunk (full exit) will offload ~42-43 (complete Dish 5G rollout).