Shares of Lumen Technologies are currently sitting at the HOP Level of a Massive Bullish Gartley that is visible on higher timeframes such as the Monthly and Quarterly Charts. It is also showing Bullish Divergence on the MACD and RSI and looks to be ready to make a move towards $6.00 in the short term, but the situation could evolve into a bigger long term move...
I'm hopeful that others are observing the pattern emerging on NYSE:DIS . For the direct shares, I intend to maintain a strict stop. Regarding potential options trading, my strategy involves purchasing contracts with varying price targets (93, 95, 96), all set three weeks out.
Telkom beat expectations on results and now rallying and breaking neckline of this inverted head and shoulders formation. Should see a target of R28 in the near term
In the last 6 months AMEX:XLC is the leading sector in the $SPX. And with the recent sell of in the energy sector AMEX:XLE , communications is the only sector without lower lows. There are various stocks that confirm this strength in AMEX:XLC , some are NASDAQ:MATH , NASDAQ:ATVI , NASDAQ:META , NASDAQ:CHTR and many others. Let's wait and see.
This is another case of hidden value by a downgrade. Nothing we do today could be possible without this company; communication is the foundation of everything nowadays. But technically we have a broadening falling wedge, the resistance is just 32% from this price. Maybe the key day will be the earnings call, but the opportunity is there! GL!
This is a top short target. Keep this name on your watchlist as its been lagging the communications sector. If the communication sector sees weakness which we think it will, this name will be a relative weakness trade to the downside. Earnings approaching is the major outlier event.
TMUS is looking very topping heavy on the larger term time frame. This would align with our thesis that we believe communication and aspects of the tech market are going to see some capital rotation. If this weekly topping formation is triggered in this chart we will have a high probability trade setup. Knowing the trend to trade is key.
Its nearing its : July 2013 Low of 127 & Mar 2020 Low of 120 The business has the bad debts staring from Vodaphone Idea. Most likely it has to be written off. Even with the JIO re negotiating the rates, it seems like a good annuity business. Should Buy around 125 levels.
AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also...
The technical figure Falling Wedge can be found in the daily chart in the US company Cisco Systems, Inc. (CSCO). Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other...
After the 242% run-up from its lows during the 2020 crash to its high in January 2022, Apple gave up almost 20% in regard to the current value. In addition to that, the introduction of the new iPhone 14 has not created much hype among consumers and market participants. Since the release of the new product, the price has continued to be choppy and seemingly...
I have been following Rogers Communication for a while watching price unfold as the company has been in the news over the last few months. Firstly, Rogers would like to purchase Shaw communications which will constrict wireless competition landscape even further within Canada and secondly, they had a serious country wide outage a few weeks back which affected...
AT&T Inc. ( NYSE:T ) Sector: Communications (Major Telecommunications) Market Capitalization: $148.907B Current Price: $20.80 Breakout price: $21.40 Buy Zone (Top/Bottom Range): $20.50-$18.45 Price Target: $21.60-$21.80 (1st), $23.10-$23.50 (2nd) Estimated Duration to Target: 132-137d (1st), 286-299d (2nd) Contract of Interest: $T 10/21/22 20c, $T 1/20/23...
As shown, appears to have one more leg down to meet the 61.8 retracement level. Once complete, expect five waves up to fair market value.
$VZ reclaimed 1D Lin Reg Support @ MCAD Converging.
Looks appealing, not even sure what they do. Relatively high short % against the float which means it can have a more elastic bounce. they're also defended with pricing powers (inflation pain handover capability)
ARK Invest is selling IRDM Iridium Communications for some time now. They timed the PayPal and Facebook selloff perfectly, so i expect they did the proper research before selling IRDM too. In this case, my price target is the 28usd support level. Looking forward to read your opinion about it.
This one may be a bit risky but valuations are below the historical average and there's is some possibility that the divisions we've been seeing over COVID vaccines leads to a more local-focused population. People getting back to what's real and the issues that actually affect them in order to recalibrate to a sense of normalcy. If there is a tech hangover, I...