MAXR Cup & Handle + Fibonacci Bounce?!
WEEKLY CHART
- Cup and Handle pattern. The handle needs stay above this level.
- Needs to bounce around $25.40. (.65 or .618 fib level)
- Zacks Investment Research Upgrades Maxar Technologies to Buy. (3 weeks ago)
- NGA Awards Maxar With G-EGD Contract Renewal For Mission-Ready Satellite Imagery (Valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176 million.)
Dislike:
- Volume is getting weaker.
- Earnings on 11/3.
-----------------------------------------> I like MAXR $40 Call 4/14/22 <-------------------------------------------------------
- Cup and Handle pattern. The handle needs stay above this level.
- Needs to bounce around $25.40. (.65 or .618 fib level)
- Zacks Investment Research Upgrades Maxar Technologies to Buy. (3 weeks ago)
- NGA Awards Maxar With G-EGD Contract Renewal For Mission-Ready Satellite Imagery (Valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176 million.)
Dislike:
- Volume is getting weaker.
- Earnings on 11/3.
-----------------------------------------> I like MAXR $40 Call 4/14/22 <-------------------------------------------------------
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