SMALLCAP - SPACE/5G - FUNDAMENTAL/TECHNICAL - GSAT
Updated
FA:
- Very bullish on space/5G sector, believe it is one of the next big macro trends, also long on GILT, NOK, and others... more analyses to come on this sector.
- Collaborations with Nokia and QCOM... The hype isn't in this sector yet, but ARK is marking ARKX and IZRL for a reason... get in before the FOMO, the sector will see a boom cycle soon.
- High Shares Float is risk.
- Blackrock, Goldman, and RenTec especially have positions and are increasing their ownership substantially.
TA:
- I see wave 3 of impulse wave, good to catch the wave 5... extension is likely as this trend catches on.
QA:
- Bullish options flow.
- Citadel has some options on this, dont be greedy with this high float.
TP1: 4.57
SL: 1.12
RRR: 2.99
PS: Trying to bring you more premium content with my consistent trading strategy and thought process.
- Very bullish on space/5G sector, believe it is one of the next big macro trends, also long on GILT, NOK, and others... more analyses to come on this sector.
- Collaborations with Nokia and QCOM... The hype isn't in this sector yet, but ARK is marking ARKX and IZRL for a reason... get in before the FOMO, the sector will see a boom cycle soon.
- High Shares Float is risk.
- Blackrock, Goldman, and RenTec especially have positions and are increasing their ownership substantially.
TA:
- I see wave 3 of impulse wave, good to catch the wave 5... extension is likely as this trend catches on.
QA:
- Bullish options flow.
- Citadel has some options on this, dont be greedy with this high float.
TP1: 4.57
SL: 1.12
RRR: 2.99
PS: Trying to bring you more premium content with my consistent trading strategy and thought process.
Trade closed: stop reached
bearish wave played out
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