CalebDismuke
Long

Frontier communications(FTR) nearing important support

NASDAQ:FTR   FRONTIER COMMUNICATIONS CORPORATION
Technically Speaking

Price is coming up on the support zone b/w 3-4.

The R/R seems to favor a long position at these levels.

A good target would be the 2015 high print around 8.50.

Risk

For me, I always think about risk, not as volatility , but the probability of a permanent loss of capital. You can never know for sure what the probability is but I think most people can come to a conclusion about what is most likely.

Two links to get an idea of the companies troubles:
1. http://seekingalpha.com/article/4011168-...
2. http://www.fool.com/investing/2016/10/05...

What to do?

How much of your portfolio are you willing to risk to see if this trade will play out in your favor? 1%, 2%, 5%? Only you can answer that questions.
Comment: For fundamental analysis check out FTR's SA /symbol/FTR#

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out