If you like this idea, please don’t forget to Boost it. Fundamental Indicators: Sector – Communication Services US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistently growing for the past 5 years, with 13% average annual rate Profits – even more explosive growth, with 26% average annual rate Net margin – decent...
The PEAD projected a Bullish outlook for $CHTR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
The price action to the upper range of the linear regression channel pattern increases the likelihood of a mean reversion trade. A price action below 488.00 supports a bearish trend direction. Crossing above this level will negate the bearish trend. Consolidation range from 463.50 to 480.00. Crossing below 463.50 might target 447.00. Crossing above 480.00 might be...
Trendline resistance of CHTR since the last year. Could have been a good short trade.
$CHTR is currently trading at a 16PE and is at the bottom of its trend and supported above the price volume profile. Additionally it has started to show relative strength at these levels getting minor gains while the rest of the market was down the last several days.
The PEAD projected a Bullish outlook for $CHTR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
FB reported atrocious earnings, revenue miss and slowest growth since IPO and goes up, CHTR sells off on good ER. This is the market we're in. Support appears to be in the $410 range. Stock is way oversold. Looking for an entry point for a bounce.
chtr beaten down lost and forgotten. 7% float short interest 9.65 days to cover... 22.46 p/e lowest since 2018
Long entry for CHTR predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
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)
Goals 521, 504. Invalidation at 615. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the...
The PEAD projected a Neutral outlook for $CHTR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 20%.
Price action compared to an adjusted earnings growth rate of about 43% with forward looking EPS growth of 24% in 2023 and 20% in 2024. Current blended P/E is about 24, which is close to the expected growth in the next few years Risk is 84 LT debt to cap. Company has been repurchasing stock, though which is nice.
Consolidation is broken upwards with the minimum target level around 790.
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
All trade in sell order/buy order, might not trigger, cancel if the price has run too far.
Long entry for CHTR predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.