had a nice breakout from its longterm trend channel but now its back under, look for the top trendline from 2020 to act as support and NOT resistance before entering! nice curling RSI too but the top trendline resistance is what worries me. im nuetral here
Iridium is still a bullish stock, but you can get it cheaper soon. Be patient to buy it at lower price.
RSI and Volumn but for a short term down trend, which may break the next support lines.
Keep an eye on it and maybe buy in March 21
Iridium is now on Watchlist for a long position MACD is not ready acutally, but may change after opening...
To be watched the next days, if it could be a good possition. A lot of support lines near below, make it possible to be a profitable trade.
The chart is beautiful. Nice discount on a bullish Space sector, in part due to new ARK Space ETF but also the growing interests in space tourism and space communications. Support and resistance areas are drawn. Good risk/reward for a swing trade, imo.
Hey my friends, IRIDIUM COMMUNICATIONS is in a fake bearish push with a large buy volume issued and a water carrying candle accompanied by a bearish leg. On the TIMEFRAME M1 we can see a kind of hammer candle upside down with a high volume of purchases made. She came to test the top of the bollinger and come back to the VWAP, which is also the base. With the...
IRDM is one stock you may not have noticed. But this could be a good indication of the Sat Comm space looking ahead. Uptrend in place. Running above an upward-sloping MA. Nearing multi-year highs. Steady as she goes.
In this market i will be using scanners on trading view and scanners that I pay for moving forward. I will be doing this for the next 60 days to see the difference in my portfolio. This is only my 3rd chart if you don't like it please move on.
The Space Economy 2.0 will be a driver for these communications systems, we forecast that the combination of declining space launch costs and advances in satellite technology will raise the value of the space economy from $340 billion currently to $1 trillion over the next two decades.
Trend Shift Indicator did really well on both:
1. seeing the tops in the past 3 months
2. showing improving trading action while still in a price decline.
Volume etc looks great. Time to get back in
Both Trend Shift Indicator and accompanying HA strategy are showing a pattern usually shown right before a reversal.
In particular concavity of TSI as measured by HA strategy is typical of a bearish setup
