Telecommunications
CRNT - A Hidden JewelA little known stock called Ceragon Networks will play a role in the rollout of 5G networks in the United States. With the earnings call coming in less than a week, I see this bullish stock to test the resistance around $4.07. I have this in my mid term portfolio til 5G rolls out.
YY - Increasing volumeChinese cellphone platforms:
Y Inc. (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company's segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. It owns the domain names of YY.com, Duowan.com, 100.com, Huya.com, Edu24ol.com and Zhiniu8.com. The Company's YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. Its product, YY Client, enables users to engage in live interactions online. Its Web-based YY enables users to conduct real-time interactions through Web browsers without requiring any downloads or installations.
Full retracement, when will Cboe VIX drop below 15-16?
YY
AMEX:CBOE
Mocom Technology Holdings - Galium fishingWhat's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to partner with them to prevent more patent litigation, so STM is now their distributor and making MTSI chips as well.
Fast chips will allow 5G cybersecurity improvements for all 3 arena's as newer chip technology.
Technical view: Below 786 fibretracement from recent drop after some BIG DOG $$$ got scared from US-CH trade wars. This is
almost as good as NVDA and AMD before their recent runs. Would love to see a double bottom here....
You're welcome on this one. Been looking for GaAs, GaN chip manuf. with patents and new partnership gives this. No seriously,
you're welcome. longbuylongsell @MarxBabu add Woody's CCI here on 4h chart with Fib Retracement (scroll back).
Elliott Wave Analysis: VOX in a Turning AreaHello Traders,
Today we will have a look at the VOX ETF in the 1-hour chart.
Near-term the ETF ended the cycle from 06/28/18 low (84.09) in blue wave (1) at the peak of 07/12/18 (88.26). The internals of blue wave (1) unfolded in a 5 waves Elliott Wave impulse with an extended red wave 3, where it ended red wave 1 at the peak of 06/28/18 (85.43) and red wave 2 pullback at the low of 07/02/18 (84.16). Up from that low, red wave 3 ended at 07/10/18 peak (88.04) followed by a pullback in red wave 4 at the low of 07/11/18 (87.11). Up from there, it ended red wave 5 of blue wave (1) at the peak of 07/12/18 (88.26).
Below from that peak, VOX is correcting the cycle from 06/28/18 low, where red wave W ended at 07/17/18 low (86.75) and the correction in red wave X ended at 07/17/18 peak (87.79). Below from there, the ETF has reached the equal legs extreme from 07/12/18 peak at 86.31-85.96 areas where we are now expecting a reaction higher.
As long as the pivot at 84.09 low in our proprietary distribution system stays intact it should resume the rally. We don’t like selling it as the right side remains to the upside in the sequences of 3-7-11 swings.
Pennies to Thousands End of Day CandidWe like it because the 5 and 20 crossed, i, the William´s % R is above, it is above the CCI, the daily candle is positive, it has an increasing volume,, above the 50 and 20 EMA goal line, the PVT is positive, the MACD crossed, the PVT is positive, the RSI is above 80 and the CMF is above the signal line and it is a growth industry ( computer services ).bolinger bands are beginning to widen
Why we don't like is because it is in the daily cloud but almost out of it. watch out for fed talk and 200 is above on daily
Personally, I live offshore and I use MagicJack to make all my US phone calls.
Also, buy our book because it will help you understand our use of the indicators. This is the link, just click on it; www.amazon.com and please check out our Youtube channel: Pennies to Thousands were we mix ideas from the right and left part of the brain for trading.