Despite the drama that has unfolded with the banning of Huawei from the USA network, ERICISSON was already on a bull run. ERIC and its competitors like Nokia have been undercut by the Chinese government subsidized Huawei, but that may all be about to change. Not alone is the USA banning Huawei but they are encouraging its allies to do the same, it is just one more...
Write sometning about your psyhology thinking before trade? This is a sunday and a good day for trading because I have plenty of time
Describe the trade. What you see? Price will go up to the upper part of the trading channal
What have I done well for this trade? enter point was appropriate
What can I take away to help with later trades? that if you don't have...
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
ERIC looks like it's ready to run!
On the daily chart, if the stock price can break above $8.90, it should hit $10 to $12
Every indicator on the daily chart is BULLISH
As for the Weekly Chart goes...
Every indicator on the Weekly is BULLISH
POSITION: 500,000 SHARES
ERIC has formed an ugly inverse H&S. overall this stock is in a downtrend, however, on the 15 minute chart it looks like a reversal is in the works. I think you can set a target for the .618 with a 6.78 target.
higher timeframe is in defined uptrend and finding support on trendline
intermediate time frame is in accumulation phase after short markdown showing price action making higher highs and higher lows on trendline
moving towards the .236 retracement level of 7.30
rsi is confirming the move and has room to run and break resistance
lowertime frame is showing...
There is nothing new under the sun.
Waiting and applying the stuff that works. You don´t have to trade every single asset or take every single opportunity, just wait for teh stuff that you understand to happen.
Warren Buffet recently said, he would have never baught Micrsoft or Amazon because he didn´t understand their model. But he understood Coca Cola and...
Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks,...
A symmetrical triangle pattern with increasing demand volume on down wave culminating in today's AV (Accumulation Volume) VSA bar, down bar with mid to up close on high volume. Further strengthened by the support found on triangle trendline. This is an aggressive entry. A more conservative entry would be to wait for further signs of strength and a NS (No supply)...