PARAMOUNT COMMUNICATIONSParamount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
Product Segments
Power: LT & HT Power Cables, LT & HT Aerial Bunch Cables, Control Cables, Instrumentation Cables.
Telecom: Optical Fiber Cable (OFC) & FTTH
Technically a good base has been formed with a triangle pattern. There was a not so strong breakout with volume but seems the accumulation wasn't over then.
Once 84 is breached the trend changes for good.
Telecom
Bharti Airtel a New Turn AroundSoon Airtel may trade at level of 1190 and much above,
as ARPU is now 208, it makes it industry leader in terms of ARPU.
Today on 7 Feb closing level is 1134-1135
Buy for short term target of 1185 (+50) aprx 40%
book Partial Profit at 1185 and hold for 1240 and above.
one can Buy aggressively at near 1090.
Hold till 1045 as Stop Loss.
"WOW Stock Presents Knife Catch Opportunity"Unveiling WOW Stock: Potential Double Bottom Signals Opportunity Amidst Knife Catch
WOW stock, an intriguing asset in the investment landscape, is garnering attention for its potential double bottom formation, offering investors a sharp knife catch opportunity. With the next test for breakout set at $5, a successful breach of this level could trigger a massive run-up in price. However, should $5 act as resistance, investors may anticipate a 30% return to secure profits and reload at lower levels.
Understanding WOW Stock
WOW stock represents an investment in WideOpenWest, a leading provider of high-speed internet, cable television, and telephone services across various regions in the United States. As a player in the telecommunications sector, WOW has established a foothold in the market by delivering reliable and high-quality services to residential and business customers alike.
The Double Bottom Formation
A double bottom pattern is a bullish technical chart pattern that typically forms after a downtrend and signals a potential reversal in the price trajectory. In the case of WOW stock, the emergence of a potential double bottom suggests that the downtrend may be losing steam, paving the way for a potential bullish breakout.
Knife Catch Opportunity
For investors seeking to capitalize on the potential reversal in WOW stock, the double bottom formation presents a knife catch opportunity. A knife catch refers to the act of buying a stock at or near its perceived bottom, with the anticipation of a turnaround in price. By identifying the potential double bottom formation and strategically entering the market, investors may position themselves for significant gains if the breakout occurs.
Breakout Test at $5
The next critical test for WOW stock lies at the $5 price level. A successful breakout above $5 would validate the double bottom pattern and signal a bullish continuation, potentially triggering a substantial run-up in price. This breakout level serves as a key psychological and technical barrier, attracting buying interest and fueling momentum in the stock.
Potential Return and Risk Management
In the event that WOW stock breaks above $5, investors may consider riding the momentum for potential gains. However, should $5 act as resistance, investors may opt to secure profits and reload at lower levels, anticipating a potential retracement of up to 30% before initiating new positions. Effective risk management strategies are essential to navigate the volatility associated with such trading opportunities.
Conclusion: Opportunity Amidst Uncertainty
In conclusion, WOW stock presents an intriguing opportunity for investors as it forms a potential double bottom pattern amidst market uncertainty. With the next breakout test set at $5, investors have the opportunity to capitalize on a potential sharp knife catch and position themselves for significant gains in the event of a successful breakout. However, prudent risk management is crucial to mitigate potential losses and navigate the inherent volatility of such trading opportunities.
MTNL trying to bounce from a rejection levelMTNL after few weeks of consolidation is again trying to regain prior highs. The stock is bouncing from 0.382% fibo levels and has given a close above prior resistance levels. Looks prime to attain recent highs in coming weeks.
Disclaimer- Only for education purpose.
BT.A - BT GROUP PLC - LONGThis is an analysis of BT GROUP PLC - a British telecom company, the following is strictly my own personal opinion and does not constitute financial advice.
Key numbers:
Dividend yield TTM - 6.47%
P/B - 0.81
P/E - 5.56 (currently)
Market cap 11 817 MGBP (11.8BGBP)
Analyst estimates:
Analyst estimate average for BT.A is 188.5 GBX which is equivalent to a 65.42% increase from todays price.
Key information:
CEO has been replaced with Telias ex-CEO Alison Kirkby, she claims to have the same vision for the company as previous CEO Phillip Jansen. Telia stock has been following a similar trend as BT.A, and as news was released today both shares dropped. However, analysts believe BT.A is overweight, and the consensus among analysts is that BT.A is a buy/strong buy.
Technical analysis:
BT.A made a bullish divergence on recent support level at 120GBX 11th of July, likely due to uncertainty around the next CEO of the company, the stock consolidated until today. As news came out regarding the change of CEO, shares dropped in price, dropping down to previous support on 110-112GBX - still within the lines of a bullish divergence.
Strategy:
I am currently in possession of BT.A shares with a GAV of 123GBX which I am looking to hold. The lowest sell side analyst target is at 100GBX, and if price continues to drop to support at 95-100GBX and the divergence between relative strength and price continues, I will be looking to increase my position in the stock as long as no unforeseen news arise.
If the price holds above support on the 110GBX level I will not add to my position, and I will follow my original strategy to wait for price to get closer to AVG analyst estimate, or take profit around 160GBX at the stocks previous high. Taking profit at 160GBX will net roughly 34-35% gain when factoring in dividends paid out 13th of September.
Should price drop below the 95-100GBX support level, I will re-evaluate my position and look to liquidate the shares if there is any indication that the fundamental situation of the company has changed for the worse, or if the bullish divergence becomes invalid.
Vodacom Boring range broken down - Target to R75.27Box formation formed over the last 9 months.
It was a boring range and we were waiting for a breakdown.
Which we now have and the direction chosen is DOWN.
200>21>7 - Bearish
RSI<30 - Bearish
Target R75.27
SMC - Buy Side Liquidity Order block formed above the Box Formation.
This is where Smart money has swept buying from dumb retail traders and have sold into it, causing strong downside.
TELCOIN TO £0.44p BEFORE 2027 POSSIBLE!- In the previous Bullrun 20-21 TELCOIN did a 55,000%
- When it reaches the 55 - that is a 34,000% move!
- £500 INVESTED TODAY gets you around: 350,385 coins X £0.44 = £154,169!
- Put that £154,169 into a property or use it to start a service-based business or just take legit forex signals and make 10% gains each month that's £15,416 monthly income - that is around £184,992 a year!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOU'RE WILLING TO LOSE!
Will T-Mobile Follow its Peers Lower?Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower?
The first pattern on today’s chart is TMUS’s break below its 100-day simple moving average (SMA) in late September. Price bounced there several times this year (see white arrows), but this time spent more than a week under it. That could indicate the SMA is losing importance as support.
Second, the stock rebounded to its 50-day SMA this week but wasn’t able to remain above it. Is this line new resistance?
Next, Tuesday’s high and September’s low may have established a downward-sloping parallel channel.
Fourth, the most recent bounce returned stochastics to an overbought condition.
Finally, TMUS is near its 2021 high but still below it. That could make some holders worry it’s rangebound and lose interest in remaining enthusiastically long.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing in cryptocurrencies involves significant risks. Please click here for TradeStation Crypto’s risk disclosures on investing and trading in cryptocurrencies.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
9/28/22 CALXCalix, Inc ( NYSE:CALX )
Sector: Electronic Technology (Telecommunications Equipment)
Market Capitalization: $3.937B
Current Price: $62.44
Breakout Price: $63.20
Buy Zone (Top/Bottom Range): $59.30-$55.05
Price Target: $69.40-$71.20 (1st), $80.40-$82.00 (2nd)
Estimated Duration to Target: 31-33d (1st), 76-79d (2nd)
Contract of Interest: $CALX 11/18/22 65c, $CALX 1/20/23 70c
Trade price as of publish date: $4.80/contract, $5.10/contract
$TPGTPG telecom LTD
Bullish Case
-Above the 2021 Yearly open. ( this is a weekly chart so need to view yearly chart to see 2021 YO)
-MACD Bull divergence
-MACD bullish crossover
-Above the bo line (Breakout line on daily)
Would like to see a pullback into the and below the breakout line to fake out all those who got long then starts the real breakout.
the FED meeting is on the 27th and anther rate hike while expected will drive another leg down in short term on Stonks imo.. watching closely.
Telus no follow thruTelus just released their earnings today and they were just as good as estimated but never the less the stock had no reaction and is now selling off.
The chart looks real ugly if you look at the Monthly and Quarterly window we have managed no follow thru after the big move down to start the year, the bulls are running out of time to step in and take this higher.
My target is $27.59 for the quarterly and monthly low once we break past that I think we take out last years low of $24.93
I am looking at september 16th expiry monthly calls strike at either 29/28 or 27
Hutchison Telecom Hong Kong maintain a BUYHutchison Telecom Hong Kong(215.HK) announced its 1H result, recorded a loss of 96 million HKD. It is already an Non-Event. Look forward, it benefit from the development of NFT. From last month it develop a rectangle pattern but did not drop below 1.45 HKD. It develop strong support at 1.47 - 1.50. Remain Buy.
7/10/22 TAT&T Inc. ( NYSE:T )
Sector: Communications (Major Telecommunications)
Market Capitalization: $148.907B
Current Price: $20.80
Breakout price: $21.40
Buy Zone (Top/Bottom Range): $20.50-$18.45
Price Target: $21.60-$21.80 (1st), $23.10-$23.50 (2nd)
Estimated Duration to Target: 132-137d (1st), 286-299d (2nd)
Contract of Interest: $T 10/21/22 20c, $T 1/20/23 23c
Trade price as of publish date: $1.61/contract, $0.51/contract
ATT AT&T: Upside Potential BeginningQuick Analysis on AT&T Inc (ATT) on a 5D Linear Chart.
1) The AT&T stock price is back to the 2008-2010 lows.
2) The RSI (relative strength index) has been hovering in the oversold region and met the bottom trendline.
3) In the chart, a fractal from the previous price increase is shown assuming price moves in the same direction.
4) A Trend Based Fibonacci Extension is also shown to give the reader areas to focus on.
5) The Volume is healthy.
6) The price has suffered over the past 10 years and now there may be a chance for it to go back up. Let's see!
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ATT AT&T: Is It Finally Time To Go Up?Hello friends, today I am completing a technical analysis on the 1M linear scale chart for AT&T Inc. ( ATT ), traded on the NYSE.
#CryptoPickk notes the following:
1) AT&T price has been falling year over year since the all time high at around $60 in 1999.
2) The price has been moving inside of a triangle pattern with a lower trendline which has supported the price since 1994. The price is currently testing this trendline.
3) The RSI (relative strength index) is about to reach the oversold area on the monthly scale. This is the second time it has done so in its entire history.
4) The Volume has picked up significantly compared to the prior years.
5) If the price has a monthly close above the bottom trendline and stays above it, there may be a good chance the price will start moving upwards.
6) Most recently AT&T price fell fast due to growth and dividend issues. Management is working to address these issues.
7) Lastly, the Fibonacci Retracement levels are noted in case the price keeps falling.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk