Hi guys! So this is a look into DISH Network (DISH) technical analysis. This analysis is done on the 1 Month timeframe, thus depicting the Macro price action of DISH. This analysis does not express the shorter term or intermediate term trend but looks to assess the Long term trend.
The findings in this idea also support a buy and hold strategy for DISH. Do note...
Beautiful bottoms bounce with a 1:3 risk:reward
✅MACD cross/approaching 0
✅daily RSI broke 50
✅volume uptick
I like Jan 2024 swing as well as common shares here
Adding on break and hold of $7.00
Over as in: the downtrend would be.
I wouldn't share disagreements with anyone who said they are buying DISH stock. It will be interesting.
I am not advising any such trading in this post. All I can see is, as a hypothetical, someone buying today at ~ 7$ is risking a fair amount of downside (40 ish percent), but that potential downside seems to be limited to...
DISH has earnings on 8/2. On the 2H, price just bounced off the support of the longest of the
three EMAs (35/70/280) and tested the POC line of the volume profile again showing buyer
support at a high trading volume and volatility area. the MACD indicator shows a bullish
line crossover and negative to positive on the histogram where convergence ended...
Down 87% over the past 2 years there's not much left to beat on here.
Technical analysis points to trend reversal and move to the upside at ~70% chance.
It could potentially drop down to demand zone in 5's. Either way, we like it long term.
On July 25, DISH Network Corporation (NASDAQ: DISH) struck a deal with Amazon.com, Inc. (NASDAQ: AMZN) to sell its 5G plan. This deal has major implications for the company since Amazon is the world’s largest online retailer and the exposure its plan will receive could boost its revenues in the coming quarters. With the company competing with Mint Mobile on...
DISH has closed above moving averages of importance such as the 20-day, 50-day, and 9-week SMAs with the 20wk SMA 16% overhead. Short interest is 22.75% which is fairly substantial and can initiate a short squeeze. Anything over 10% has short squeeze potential. The P/E ratio is 2.058 which gives the share price plenty of room to grow. I don’t follow this...
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable...
DISH Network Corp.
This caught my attention because of bullish option orderflows.
Multiyear low. Telecom services/ Comminication services sector.
Fundamentally stable in my opinion.
Current price at $7.3. My anticipated technical target for the next 6-12 month would be around $12.
The risk reward speaks to me. Closer to the bottom than the top.
On the weekly chart, DISH has been in a steady decline for over a year and is now on sale for
20% of the asking price a year ago. It is sitting on the long term support zone and has passed
over the POC line of the volume profile putting buyers in control. The red doji candle followed
by the green doji candle is the capitulation of the bottom. Volume in 2023...
NASDAQ:DISH up nicely today but still in a downtrend, before it can start a new uptrend, the 20 weekly moving average needs to move above the 50 weekly moving average.
This stock is dirt cheap.
But is it undervalued ?
For the past seven years, Dish has maintained a profit margin between 10% and 14%. And for the same period, they managed to grow equity from 5B to 18B dollars. Very good.
But, at the same time, the lowest debt/equity was 1.15 in 2020, which is too high. All the other years it was higher, with the highest 3.57 in...
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable...
