Counter-trend long on Iridium Communications Inc (Ticker IRDM)
NASDAQ:IRDM
Technicals:
- September - January the price failed to break through the support zone 16.80 - 18.00
- strong weekly candle closed above 19.90 ressistance (there since Jul 2018)
- 20.10 - 20.40 can still be retested
- upswing to close Sep 8th weekly candle looks logical
- best-case scenario targets long-term bear trend upper resistance line
- take care of 24.20 - 25.40 resistance zone - partial close preferred
- scenario invalidated if two bars close below 19.00 - price can retest support zone 16.80 - 17.80
Fundamentals:
- company emerged from bankruptcy and has successfully returned to profitability.
- business model centers on providing connectivity via its orbital satellite constellation for tasks such as tracking shipping containers at sea and monitoring pipelines for both government and private-sector clients
- has long-term, fixed-price contracts with the U.S. Department of Defense.
- due to the modern state of its satellite fleet, free cash flow is being directed toward share buybacks and dividends rather than capital expenditures on new rocket launches.
but:
- competition with Starlink for the retail user segment and partial dependency on third-party aerospace companies for orbital satellite deployment.
Conclusion:
- fundamentally, the company is a prominent representative of the aerospace industry during its "renaissance" era (which is now and potentially has bright future).
- with effective management, the stock price has the potential for multi-bagger growth over time.
- the technical setup remains in a bearish trend.
- t here are two distinct positions available: one for high-risk traders and another for patient, long-term investors. For short-term traders, the risk of a further drawdown or a retest of support zones remains high. For long-term traders or investors, an entry price within the $16.00 – $22.00 range is considered attractive.
but:
- the upcoming earnings report on Feb 12th will be the primary catalyst determining the price direction in the short-to-medium term.
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Position - Buy Long ⬆️
# - - - - -
✅ Entry Point 1 Short Term - 21.19
🛑 SL Short Term - 19.75
🤑 TP Short Term - 24.15
⚙️ Risk/Reward - 1 : 2.05 👌
⌛️ Timeframe - 2 weeks 🗓
# - - - - -
✅ Entry Point 2 Middle Term - 20.20
🛑 SL Long term - 18.50
🤑 TP Long Term - 27.95
⚙️ Risk/Reward - 1 : 4.15 👌
⌛️ Timeframe - 3-4 months 🗓
# - - - - -
Good Luck! ☺️
IRDM
Can a Failed Star Rise from Space Ashes to Rule Earth's NetworksIridium Communications has engineered a remarkable strategic transformation from its predecessor's bankruptcy to become an indispensable global provider of connectivity. The company operates a resilient Low-Earth Orbit (LEO) constellation of 66 cross-linked satellites positioned 780 kilometers above Earth, delivering unprecedented 100% global coverage through L-band frequency transmission. This unique architecture provides superior weather resilience, low latency, and automatic signal re-routing capabilities that distinguish it from both traditional geostationary satellites and emerging broadband competitors like Starlink.
The company's ascendance is fundamentally driven by its critical role in national security operations. Iridium maintains multi-year, fixed-price contracts with the U.S. Department of Defense, providing Enhanced Mobile Satellite Services for mission-critical applications including secure communications, battlefield mapping, precise targeting, and real-time situational awareness. Unlike mass-market LEO providers focused on consumer broadband, Iridium deliberately targets high-value, specialized segments requiring uncompromising security and reliability. The company employs advanced encryption standards, including NSA Type 1 protocols, and has developed a comprehensive, multi-layered cybersecurity framework featuring quantum-resilient encryption and AI-driven threat detection.
Iridium's technological leadership extends beyond core communications through its hosted payload capabilities, supporting specialized applications like Aireon's global aircraft surveillance and exactEarth's ship tracking systems. The company's strategic differentiation lies in its focus on mission-critical applications rather than consumer services, creating a sustainable competitive moat protected by significant intellectual property and specialized technical capabilities. This positioning has enabled stable, high-margin revenue streams from government contracts while minimizing direct competition with volume-oriented providers.
The company's current trajectory represents not merely recovery but strategic re-emergence, capitalizing on mature market conditions where global IoT solutions, remote operations, and critical government communications align perfectly with Iridium's unique capabilities. With its robust financial foundation, expanding hosted payload services, and growing demand for resilient non-terrestrial connectivity, Iridium is positioned for sustained growth in an increasingly connected yet volatile global landscape, transforming from a cautionary tale of premature innovation into a compelling investment in critical infrastructure.
How Does One Platform Navigate Eight Global Disruptions at Once?GitLab has emerged as a dominant force in the DevSecOps landscape during 2025, achieving a remarkable 29% year-over-year revenue growth to reach $759 million annually in fiscal Q4 2025. The platform's success stems from its ability to address multiple converging global challenges simultaneously, from geopolitical tensions and cybersecurity threats to economic volatility and technological transformation. Key milestones include GitLab Dedicated for Government earning FedRAMP Moderate authorization, enabling accelerated public sector adoption, and strategic partnerships like Sigma Defense's implementation that reduced U.S. Navy software deployment times from months to days.
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Economic pressures and technological evolution have further accelerated GitLab's adoption across sectors. The platform delivers a compelling ROI of 483% within three years for large organizations, while the broader DevOps market grows at a 19.1% CAGR. GitLab's integrated approach addresses critical pain points, including toolchain consolidation, embedded security, and AI-powered automation, positioning it as essential infrastructure for cloud-native development. The company's strategic focus on eliminating silos through unified workflows from code to cloud has resonated particularly well with enterprises seeking to reduce complexity and operational costs.
Looking ahead, GitLab's intellectual property strategy and continued innovation in AI integration, exemplified by GitLab Duo's capabilities in code generation and vulnerability detection, suggest sustained competitive advantages. The platform's ability to serve diverse sectors-from federally-funded research centers requiring secure collaboration to high-tech firms demanding cutting-edge automation-demonstrates its versatility in addressing the complex, interconnected challenges defining the modern technology landscape.
Long Trade in IRDMIridium Communications is a telecom stock in a clear uptrend. Shares have more than doubled over the last 12 months with clear support at the 50-day moving average.
The dashed white line on the chart highlights the area I have been watching - the HKEX:62 price level. This has been a key area of support and resistance and a likely place for IRDM buyers to step in and support the stock.
The 50-day moving average is here as well which should give additional support.
This is buyable here with a sell stop at $60.
IRDM Iridium Communications Price TargetARK 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.
IRDM BUY/LONG READY SOON! 29.00 to rise to potentially 80.00!TICKER CODE: IRDM
Company Name: Iridium Communications Inc.
Industry: Communication Services | Telecom Services | USA
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement (Potentially) to reach 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT YET READY! PREPARE FOR ENTRY AT 29.00-31.00
1st Partial Take Profit: 61.00
2nd Take Profit: 80.00 (Can consider to full take profit here) - Personally, I would hold this trade Long-term
EXPECTED Take Profit in September - December 2021






