Upward channel bounceGood entry point here in this upward channel, target buy at 1418 with exit at 1538, easy swing trade
Telecom
$CHL can fall in the next daysContextual immersion trading strategy idea.
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a short position from $35,86;
stop-loss — $37,15.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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[Saudi Teleco] - High probability to ride up to the price 96 SARSaudi Telecom Co stock High probability to ride up to the price 96 SAR .
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BhartiAirtel BuyBuy above 561 with 550 stoploss target of 600 in 1 week
On balance Volume also supporting.
Mobile Telecom Strog BuyAfter first false retest of resistence in the red arrow, you can see two strong bullish candle broke the resitence to go up and find the 13.2 level
CEL: $5 Short + $10 Long TargetFirst off, don't take anything I say seriously or face value as always. That being said, let us get into my insights. Looking at the fibonacci retracement for Cellcom, I think it safe to put a short target of $5 within the next upcoming weeks or month. Also, a $10 long hold position seems reasonable. Given the demand increasing in the telecom space for 5G, an expected increase in service coverage and earnings may happen. The main thing to be critical of, is the need for Cellcom to keep up with the 5G race and build technologies beyond its 4G and LTE support. It would also be interesting to see what happens as they compete against things such as SpaceX's Skynet, which may be potentially more superior of a technology.
Verizon Communications $VZ#Verizon Communications is just between 50SMA and 100§200SMA. Volume is below the average and needs more in to break out the SMAs
CenturyLink, Inc. (CTL) long.All description on the chart.
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Saudi Telecom Co rules !Saudi Telecom shows a strong bullish momentum.
There will be a correction and then it will increase more.
$VZ can fall in the next daysContextual immersion trading strategy idea.
Verizon Communications has a strong downside trend.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $49,71;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Nokia may be worth nibbling as it approaches supportFactset, an agency that polls analysts, released a newsletter today titled "S&P 500 NOW PROJECTED TO REPORT A YOY DECLINE IN EARNINGS IN Q1 2020." The newsletter shows that analyst estimates of S&P 500 earnings have fallen from an expected 7% growth rate in Q1 to an expected -0.1% growth rate, and they're still coming down.
However, the newsletter also breaks things down by sector, and when you slice it that way, things look more complicated. The hardest hit sectors are materials, industrials, and consumer discretionary, all poised for double digit earnings decline. A few sectors are still poised for earnings growth in Q1, including communication services, with a 13+% growth rate. Information technology and utilities come in second and third place, with projected growth over 5%. Also set to grow are healthcare and real estate.
Now, earnings expectations likely will continue to decline, and even the outperforming sectors will fall with the rest of the market. But the outperforming sectors will start to find support sooner, and they will get outsized bounces when the market rallies. I don't suggest putting a lot of money here just yet, but it's worth taking a few nibbles at attractively valued companies in these sectors.
Nokia has support from about $3.30-3.50. The company has an attractive PEG of about 0.73, and it's been signing lots of deals lately in connection with the rollout of 5G. It plunged after suspending its dividend last year, but as the company recovers I think we could see the dividend return.
BIDU entry $105; hold for return to $200China stock Baidu is way down for the year and dipping this week on trade war news, but the company's earnings outlook has recently improved, with strong positive surprises on the last two quarterly reports. Based on analysts' revisions of the forecasts, I think this stock could see $200 per share again within the next two years. I should note, however, that December tends to be a bad month for Baidu, so rather than buy at the current price of $113, I suggest waiting to buy at the volume node at $105. (The average analyst price target is about $143.)
AT&T stock price during past 3 recessions (1990-2009)This is a totally informative publication, no prediction is being made and no advice is being given. This is simply the price of AT&T shares during the past 3 documented U.S recessions from 1990-2009 against the S&P 500.
$GSAT Long. Rounded bottom forming. 5G playBottom forming / consolidation on $GSAT - 5G play. Holding 10k shares since .44. I believe this could be headed 1.50 at minimum within a few months, first stop around 1.10. Needs a strong catalyst. Do your own due diligence.
Good luck!
$JSEMTN has turned technically bullish on the dailyI don't want to use this chart to give targets but merely as an illustration of what a very strong technical chart looks like. Firstly as can be seen by the price action we have seen successive higher lows and higher highs on MTN which is very much a characteristic of bullish chart. Adding to that, we have also seen all the major moving averages cross upward and above the 200 day moving average. This chart has all the characteristics in place for further upside to present itself. I would be a buyer on any dips in the MTN share price. If the stock closes below the previous high/low level of R97.00 that would be my stop loss.
Telecom Italia - SHORT Telecom Italia is a short - target at 0.49 - 11 percent down from the actual level.
This trade has a good risk/reward ratio.
Regards,
Simone
$JSEVOD Vodacom basing for a bigger move?$JSEVOD released a decent set of results this morning in the face of a tough economic environment which we have witnessed locally for the last little while. Perhaps now with elections out the way and a gradual uptick in economic activity, this local counter could benefit from inflows into the SA inc sector of our market. This year we have seen price action contained within a tight range of R110-R122. It has formed an inverted Head & Shoulders formation with multiple bottoms around the R111-R112 area. If we see the stock break above the recent highs of the neckline around R122, we could see this stock off to the races to test the upper end of the larger channel which comes in at roughly R132- R133.
Sprint: Death Cross on 1D pointing lower.Sprint made a Death Cross on 1D last week (MA50 crossing under MA200) on bearish RSI = 38.934, MACD = -0.125, Highs/Lows = -0.1518. The same pattern has been spotted 3 times in the past, all of which resulted in massive loss in value (roughly -41.50%, -52.30% and -47.80% respectively). Assuming it follows a similar pattern, an equivalent of the last Death Cross (which was the "weakest") will pull the price down to $3.25. It is definitely not a good time for investors to enter Sprint. Traders may look to start adding shorts using the previous Lower High as stop loss.
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T did something exciting!So last night I said that AT&T was going to rally to 32.45. It was looking good with gains and natural consolidation, but it looks like it wigged out finally. it got near the 32.45 marker and then dropped to open at 31.78. We are inside my pitchfork again (unfortunately), but with the patterns we've been seeing we will most likely see a bounce back up sooner or later around 31.35. If this is correct, AT&T will most likely reach 32.45 within the month.
More to come later.
Xiaomi has Started to Climb
Xiaomi has fallen hard from the IPO, but has hit a bottom and will not start to climb back up built off new phones and increased phone services. Huawei will probably always be the top in China but Xiaomi will be a strong #2 in the market and a top 10 in the rest of the world.
