Altice USA, Inc to print disturbing gains of 500% ??** For the active investor — weeks and months ahead **
On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.
4) No stock splits!
5) 10% short interest.After 95% correction, good luck with that.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: You decide, please do you’re own due diligence
Timeframe for long: This year.
Return: 400-500%, no significant resistance until $12
Stop loss: elsewhere
ATUS trade ideas
ATUS pushing the extremesNYSE:ATUS pushing the extremes of the 99.9% probability cone. Bids filled at $17.55.
Probability Cone is based on the Expected Move. While Expected Move only shows the historical value band on every bar, probability panel extend the period in the future and plot a cone or curve shape of the probable range. It plots the range from bar 1 all the way to bar 31.
In this model, we assume asset price follows a log-normal distribution and the log return follows a normal distribution.
Note: Normal distribution is just an assumption; it's not the real distribution of return.
The area of probability range is based on an inverse normal cumulative distribution function. The inverse cumulative distribution gives the range of price for given input probability. People can adjust the range by adjusting the input probability in the settings. The probability of the entered standard deviation will be shown in the middle when the "show probability" setting is on.
ATUS - UPDATE - Previously false breakout - PT - $38In previous chart published, it showed false breakout due to ER big sell off trapping a lot of bulls. This stock has been tough to crack.
Now it has closed the gap. Will it breakout of the upper trend line this time for real?
Price target - 38
Stop loss - 32.82.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
ATUS Hits Support, Be Ready for BounceAltice USA shares briefly broke support and now it is pushing back up through it. In the past, when it has tested this support, it has bounced back up. In addition, the MACD and RSI indicators also look extremely bullish. I think this stock is pretty much a 10% guarantee. Target sell $38. Good Luck!
ATUS - Break out $40 reiteratedBreak out $40 reiterated.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
ATUS - Breakout target $40Breakout target $40.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
$ATUS handle providing a great entry-point. Strong LONG on this!Looking for a breakout here. Sell-point 40+; Will become clearer later.
Cup and handle formation on the chart; it could breakout tomorrow or late today.
More details as this unfolds, but a position has been taken, and the average cost seems pretty nice.
-BEST N SHYT!
-BDR
ATUS - Monthly ATH breakout sleeper pickHaven't played this ticker before, but it looks like a solid risk/reward play with decent OI/Volume on 12/18 contracts.
Potential Contracts:
12/18 35c
12/18 36c
ATH breakout play.
The entry trigger is the yellow line above ($35.40).
Looks like this one really wants to pop off.
$ATUS Bearish Trade PlanGreen Line - Entry Target
Red Line - Exit Target
Pink Line - Stop-Loss
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ALTICE USA Title DailyHey people, ALTICE USA is in a fake downtrend with stable purchase volume made and a shadow bear. The TIMEFRAME 1 Min we can see a bullish continuation Strong potential to go to the last precedent higher if the buyers are still in the process. See TIMEFRAME 4H, not enough force to climb higher.
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