Comparing Cboe VIX VIX to I I
Currently leaning toward lower fibretracement, but we're talking about low earth satellite comms for 5G, Gov, Mil, all things big data or stock wouldn't have crushed it last 18mo.
Just a note here in case reaching lower fibonacci retracement for entry.
Is this the falling from orbit its been in? What a ride...missed and didn't want to jump on low earth communication satellite being launched.
Expecting this will have some falling as not profitable yet growing.
Posting for own use and future reference on this stock.
Intelsat repeating cup&handle pattern from two months ago. Earnings improvement suggests shift to greener trend from longer term amber trend. Important upcoming dates marked for quick reference. I am setting stop-loss at 26.20 and adjusting up to and including 28 depending on how it does before cycling back down.