Ericsson earnings trend has been growing on earnings since Q1 of 2018. (check chart for more info.)
We also received the following news today (07/15/2019 by MT Newswires :
-- Verizon Communications (VZ) and Ericsson (ERIC) said on Monday they have introduced cloud native, container based technology on the core of Verizon's network in a trial, the first...
Opening 2 buy orders on Verizon, the first with a 1:1 R:R, the second up to 1:4.5
Risking 0.5% of capital each
SL under minimum of 52.40
- Doji formation
- GAP to close
- Touching MA200 on daily chart
Short based of channels and fibs
My Entry: 63.50 - 64.50 (any entry in that range is okay)
Stop Loss: 66.02
Ive been planning this trade for the past 3 weeks and it is finally coming to fruition. The reason the r/r out of the gate is slightly under 1:3 is because I would rather keep my inital stop slightly looser, so that in...
Second half of the year has already been projected by various telecom companies and suppliers to be strong and accelerated compared to the first half. Seasonally weak Q1 numbers came in almost across the board. However, NPTN managed to not do as badly as most had anticipated, hence the growth in March fueled by positive sentiment that momentum was returning.
We see a Cup and Handle pattern starting on the 10/30/17 selloff when they announced that the merger between NASDAQ:TMUS and NYSE:S was officially off after years of talk. Once price recovered and hit the $62s level again on 11/27/17, we see a slight decline, as people who bought in at that level were looking to get out. The price is finally back at the mid $62s...