Ericsson broke above structure after creating a W-formation and seems to be going for a retest of support. If it holds that will be the perfect level for a buy.
NASDAQ:ERIC share price dropped after lackluster quarterly and forecast
But it looks like interest in the stock has picked up in recent days.
On the daily chart,
Directional and momentum indicators suggests further short term upside ahead
Accumulate.
ERIC’s long-, mid- and short-term trend charts are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes...
Be prepared for the next level of 120 SEK
If you are in... wait.
If you are out, just wait for possible retreatment until the trend line.
Options: selling puts or buying calls (if you find a good price).
ERIC’s long-, mid- and short-trend charts are presented.
In both the weekly and daily charts the trend continues to be rising. We remain bullish as long as the mid-term trend is rising regardless of the short-term moves. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my...
The PEAD projected a neutral outlook for $ERIC after a Negative over reaction following its earnings release placing the stock in Drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
The long-term charts of ERIC+NOK+LUMN and XTC index are presented.
Notice that since 2009 the three stocks have been underperforming the index while historically overperforming.
Probably the historical order of performance will be restored in the coming years.
The NYSE Arca North American Telecommunications Index (XTC) is an equal dollar weighted index...
ERIC seems to be a great growth story and probably a lifetime investment opportunity with minimum risk.
Next follows the ERIC's short-term trend chart. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor....
ERIC is a very slow5G stock with great fundamentals and potential.
I don't hold it but watch it to come back when it wants to start moving again
ERIC moved up on earnings in october but did not hold it and come back to consolidate lower.
Now it's back, playing around 12.30-12.50 range again.
Very strong weekly chart, bullish flagging.
It can move up any time,...
