TICKER CODE: IRDM
Company Name: Iridium Communications Inc.
Industry: Communication Services | Telecom Services | USA
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement (Potentially) to reach 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT YET READY! PREPARE FOR ENTRY AT 29.00-31.00
1st Partial Take Profit: 61.00
2nd Take Profit: 80.00 (Can consider to full take profit here) - Personally, I would hold this trade Long-term
EXPECTED Take Profit in September - December 2021
Company Name: Iridium Communications Inc.
Industry: Communication Services | Telecom Services | USA
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement (Potentially) to reach 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT YET READY! PREPARE FOR ENTRY AT 29.00-31.00
1st Partial Take Profit: 61.00
2nd Take Profit: 80.00 (Can consider to full take profit here) - Personally, I would hold this trade Long-term
EXPECTED Take Profit in September - December 2021
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.