$MAXR At a large area of contention. Needs to get over $34.75. SpaceX will be launching the Sirius XM SXM-8 satellite atop a Flacon 9 rocket built by Maxar June 6. Could see this fly Monday morning with a successful launch.
Really looks like MAXR could break out of its downtrend, I think a bounce off the current support OR a bullish candle printing ABOVE the trendline could be a signal for long calls in late May or June to be safe. I believe the downtrend has lost momentum due to the flat set-up recently and the formation of support. WIll be monitoring closely.
Genasys Inc. Reports Record Fiscal Year 2020 Financial Results
Wed, December 9, 2020, 10:05 PM GMT+1·9 min read
SAN DIEGO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced record fiscal fourth quarter and fiscal year revenues and net income in its...
MAXR's trek from it's lows are looking to finish it's first 5 wave. Both 1:1 extension of wave 1 and the 1-4 .618 extension points to 38.60 being the top of this pattern. A lot of confluence in this move. Long for now.
MAXAR is one of my fav stocks, but today I've decided to enter a put position for January at the $20 mark. Will it get that far? Probably not, but there is strong evidence to show its cooling off creating a massive head and shoulders as you can see in the graph. This could make some nice solid gains in the short term. Theres nothing else to really to say besides...