BEZEQ bu opportunity , BEZQ Stock signal buy
after the red candles of the downtrend we have a green candle that means the end of the downtrend and the start of the uptrend, and also the candle with the wick above the body our confirms the start of the market rise, so we are going to buy and collect our profits in the take profit.
signal buy , buy opportunity
AUDC Short Term OutlookAudioCodes Ltd. (NASDAQ, TASE: AUDC) is a leading vendor of advanced communications software, products and productivity solutions for the digital workplace.
AudioCodes enables enterprises and service providers to build and operate all-IP voice networks for unified communications, contact centers, and hosted business services.
Market cap ₪3.5B, Capital ₪345M, Debt ₪300M, Predicted profit 2020 ₪23M.
Looking good in terms of price action, good place to be on a world pandemic, but PE ratio is high, so need to watch out.
Near term - if descending wedge is broken upwards, that may be a good place to enter.
Cellcom Long Term AnalysisCellcom, cellular communication company
Used to be one of 3 cellular companies in Israel, but since the market has been opened up for competition it has been struggling for survival after being milked by previous owner who went bust, had a lot of excessive fats in terms of expenses.
Today Cellcom is doing a decent job is reinventing itself, expanding to ISP and streaming services.
It seems to be looking for a bottom. The 666 price level will probably be tested again, if it isn't surpassed during the next 1-2 year and a slow grind upwards starts to appear, this may become bullish.
EL-AL Short Term OutlookEL-AL Airline Company
In dire straits frequently, currently requested assistance from the country, frequently in conflict with its pilots, added to COVID-19 trouble.
Price action looks bearish, this may either continue to crash or reverse, too soon to tell.
Need to watch where it consolidates, on the upper part of the funnel or on the bottom part.
Bezeq Macro + Short Term OutlookBezeq is a declared telecommunication monopol in Israel. Cheap cellular and rising competition in ISP services, plus regulatory reforms forcing Bezeq to allow others use its infrastructure led to gradual demise in stock sentiment.
2019 revenue ₪13B, loss ₪1B.
2020 Q1 report: mayafiles.tase.co.il
Cash balance: ₪2B
Company is not profitable, low gross profit, high operational costs.
I believe the stock will drop on the short term and retest lows, may have a higher low. Reversal isn't expected at this stage, especially not with the current competition between communication companies in Israel and unfavourable regulatory environment.