Intelsat-SA-(I)-is a Luxembourg-based company that operates in the satellite services business. It provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers. The Company is also a provider of commercial satellite communication services to the United States government and other select military organizations and their contractors.
On 2/28/2017, Intelsat-reported 4 quarter 2016 non-GAAP earnings of $5.56 per share. This result beat the $0.19 consensus loss of the 5 analysts covering the company and beat last year's 4 quarter results by $5.14. The next earnings announcement is expected on 04/26/2017. You can see this on the chart above, it was the huge price spike in late February.
The indicators I use remain very bullish (indicating continued strength).
From a technical standpoint, here are the positives for-I:
1. Currently a two buy Fractals (came in late February with the earnings related price upwards spike).
2. The top upper indicator is a 34 day moving average, and this is positive. Very strong.
3. The alligator is awake and is feeding in the uptrend.
4. Prices are trading above the Ichimoku Cloud .
5. The Forward Momentum indicator (lower top) is in an extremely strong position. **
6. The Ichimoku Cloud is green.
7. The 233 day moving average trend line is rising (this is a Fibonacci number).
8. You can establish an entry point, again and again, with each new valid buy Fractal.
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for four weeks. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
10. Prices are trading above the thick red Ichimoku Cloud conversion line.
11. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”.
I HAVE THE RESULTS OF THESE CALCULATIONS FOR-INTELSAT IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE AND IS SHOWING STRENGTH.
Conclusion: I believe-Intelsat will work its way higher.
Disclosure: I own this stock and bought a position at $4.18.
May all of your trades go well. Don.
On 2/28/2017, Intelsat-reported 4 quarter 2016 non-GAAP earnings of $5.56 per share. This result beat the $0.19 consensus loss of the 5 analysts covering the company and beat last year's 4 quarter results by $5.14. The next earnings announcement is expected on 04/26/2017. You can see this on the chart above, it was the huge price spike in late February.
The indicators I use remain very bullish (indicating continued strength).
From a technical standpoint, here are the positives for-I:
1. Currently a two buy Fractals (came in late February with the earnings related price upwards spike).
2. The top upper indicator is a 34 day moving average, and this is positive. Very strong.
3. The alligator is awake and is feeding in the uptrend.
4. Prices are trading above the Ichimoku Cloud .
5. The Forward Momentum indicator (lower top) is in an extremely strong position. **
6. The Ichimoku Cloud is green.
7. The 233 day moving average trend line is rising (this is a Fibonacci number).
8. You can establish an entry point, again and again, with each new valid buy Fractal.
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for four weeks. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
10. Prices are trading above the thick red Ichimoku Cloud conversion line.
11. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”.
I HAVE THE RESULTS OF THESE CALCULATIONS FOR-INTELSAT IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE AND IS SHOWING STRENGTH.
Conclusion: I believe-Intelsat will work its way higher.
Disclosure: I own this stock and bought a position at $4.18.
May all of your trades go well. Don.