Ericsson ERIC announced that it has completed the acquisition of the antenna and filter division of Kathrein. Headquartered in Rosenheim, Germany, the acquiree is a leading provider of antenna and filter technologies worldwide. The parties had agreed to keep the purchase price undisclosed.
On Feb 25, 2019, the Swedish telecom equipment maker communicated its...
ERIC along with a lot of stocks bounced off of support this morning. Earnings 10/17, going with $7 calls since there's almost no premium. I expect big movement on earnings, $1 in either direction.
Earnings more or less in line with expectations so it got punished, lol.
Snagging couple thousand shares for my 401k here under $9.5, expect it to head back to $10 area within a couple of weeks.
Ericsson earnings trend has been growing on earnings since Q1 of 2018. (check chart for more info.)
We also received the following news today (07/15/2019 by MT Newswires :
-- Verizon Communications (VZ) and Ericsson (ERIC) said on Monday they have introduced cloud native, container based technology on the core of Verizon's network in a trial, the first...
ERIC has some range bound trading going on.... looks like it should gap down Monday.
If it gaps down and Trump doesn't do anything stupid over the weekend, then I'm throwing some in my 401k. Not buying crap that's topped out like FAANG stocks.
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...
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...
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
COST: $8.50
