Ameren Signs Long-Term 900 MHz Spectrum Leases for Illinois & Missouri Service Territories
Anterix (NASDAQ: ATEX) today announced its first long-term 900 MHz broadband spectrum lease agreements, covering Ameren Corporation's ("Ameren") service territories for 30 years. These agreements enable Ameren's deployment of a private LTE network to support its digital...
As you can see from the chart above, Anterix stock price is forming a quite solid support. The stock is currently oversold and the target could be placed in proximity of the 61.8 Fibonacci level.
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
Contextual immersion trading strategy idea.
Anterix Inc. operates as a wireless communications company.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next...
$ATEX jumped yesterday appearing to have reached the 2015 highs. Most likely hitting the Triangle "E" target. Failing to break the 56 zones, will eventually pull it back to 34-35 levels to fill the Gap. Form up a base and move north again.