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Consolidated Communications Holdings Cup&Handle about to brkout Watch for breakout: 9.26.18 2:30pm CNSL is about to come out of a weekly cup and handle formation or minimally a double bottom, which both usually rise upward. Small-cap telecommunications stock adding fiber optic lines and hurt by earnings after infrastructure investment. * Compares to: CBB FTR CMCSA T * Pays 12% Dividend yield currently, so little risk. Ex-divident is Oct. 12th. payable Nov. 1st and quarterly. * Potential to double on Fibretracement to $24 into early 2019 and upward by end of 2019 into 5G massive MIMO communications and fiber optic cable lines for markets served. * Will be positioned to grow into 2019 with dividends and then catch 5G services growth and target by year end 2019 likely $28-30, as Telecom stocks grow when profits made. * EPS Growth was -386800%, just indicates it is making progress with profitability vs industry average 144%, but it is a small cap. * Mkt Cap $914M, 2018 sales will be $1.4B, that's a bababa-billion. Enterprise value with recent upgrade is paultry 3.25B, or shows undervalue ratio 3.25/0.914 = 3.55 and poised to grow customers. Book value buy? * Debt however is high and will reduce with growth as small-cap to mid-cap (expected for market and opportunity). * Insider buying is small, but a positive 27,000 shares/yr. last 2 yrs. * With telecom & cable industry at current prices not sure if it'd be an acquisition target? About CNSL: Consolidated Communications Holdings, Inc., through its subsidiaries, provides various integrated communications services to business and residential customers in the United States. It offers a range of communication services and products that include local and long-distance, high-speed broadband Internet access, video, voice over Internet protocol, private line, custom calling features, security, cloud, data center, managed and IT, and directory publishing services, as well as engages in equipment sales activities. The company also sells and supports telecommunications equipment, such as key, private branch exchange, IP-based telephone systems, and other hardware solutions, as well as offers support services to medium and large business customers. As of December 31, 2017, it had approximately 972 thousand voice connections, 784 thousand data connections, and 103 thousand video connections. The company serves customers in consumer, commercial, and carrier channels.
CLong
by Pokethebear
Lithium EV Battery Growth - Chilean to US$ plusSQM NYSE:SQM is a chilean Lithium mining stock for EV Batteries and takes advantage of US$ to Chilean value as well. EV Truck manuf. just starting and will require more and more lithium. Another big news story that hit the market in the second quarter was worries that Tesla might not be able to deliver its Model 3 on time due to a battery shortfall. This is another sign of supply and demand will drive up prices and profits. Here is 4hr. chart showing solid entry, which already in below $44 and buying up to $50.
NYSE:SQMLong
by Pokethebear
WTI (CRUDEOIL) – Believe it or not: still preparing for 80+!Hello everyone, When looking at the chart, we see a zone of strong support, because WTI was coming back three times to this level (between 63.60$ and 68.60$). So, we have two possibilities… Scenario 1 (black line) - chance: 75% WTI has built two strong 1-2 elliott-wave-setups (blue in brackets and brown-beige): the blue box in the chart above is the buying zone for the rise to 80$ in the first step (end of wave 3, blue in brackets) and later on even 90$. I think we have a good chance, that WTI will rise up now (again). BUT: be careful, because wave ii (brown-beige) has space on the downside to around 64.41$ technically. It is possible that wave ii is straining our nerves! So, keep an eye on this. Scenario 2 (red line) - chance: 35% WTI is falling under 64.40$ and later 63.57$. If so, we will see a sell-off to around 62$/57$, and then we have to adapt the wave count that way shown in the chart below. The alternative wave count: The high at 72.88$ was a 3, but one wave degree higher (purple in brackets alt.(3)). If so, we are in an A-B-C (cyan) corrective pattern to complete wave C (cyan) of 4 (purple in brackets). Please keep this in mind when placing an order. Take care, tgo
TVC:USOILLong
by TV_ACC_02
2
Cobalt mining stock set for entry off weak volumeTSX: LUN LUN NYSE:LUNMF LUNMF Lundin Mining is a mid-cap mining company that will benefit from rising cobalt prices and demand. Waiting for bounce off likely 4.55 for entry, or 4.35-4.40 range, and not likely lower $4.06-4.10 Fib retracement. RSI going above 50 with 1w chart shows good entry with lots of scribble correlation. Sorry for the business, I mean busyness here. Cobalt value is strong and demand for electric batteries also very strong. Recovery as major player in this area is prominent. For own use. Put to use idea, comment or like, but review on Friday Sept. 14th. longbuylongsell chart with blue-black courtesy of @MarxBabu.
OTC:LUNMF
by Pokethebear
Dollar index DXY in a pressure areaDXY just entered a pressure area: - 91.80 was a support in first week of January then it was broken: now it can be a resistance level! - 92.25 to 92.57 was a strong resistance in January so it could be a strong resistance level too. Slowstochastic is Overbougth, which is a good confirmation for short. Entry SHORT level: 91.50-91.25 with a confirmation at lower timeframes OR Entry SHORT level: 92.64-92.32 (using a sort of QUASIMODO, look at bull candles of Jan 8th and 9th) with a confirmation at lower timeframes
TVC:DXYShort
by 03.freeman
EURUSD Weakness - Short Position Long TermEURUSD Weekly Chart - Medium to Long Term Bearish Outlook EURUSD is at a 13 month low. It is currently resting at the 50% fibonacci level. Analysis points out that a trend reversal at this stage is not likelyTh and continued declines at or below the 61.8% fibonacci level are expected. However, a short term blip at the current 50% level may occur before continuing the downward trend. The downward trend is expected to continue as the RSI has broken the key support line since previous 13 month low. The RSI looks to continue to fall to the 30 line. The Momentum indicator also highlights the support line which is a crucial test for the pair. If the currency pair breaks through the support line, it is likely that a test of the 100% fib line will occur. Also interesting but not incredibly helpful, is that the pair has outlined a head and shoulders pattern, indicating that decline is likely foreseeable but doesn't provide much guidance to where it will land. At this stage, conservative analysis points to a decline at the 61.8% fib level. This represents around a 240 pip/point profit trade with the take profit just before the 61.8% line. If the pair breaks the 61.8% line, expect a complete re-tracement. This position is a medium to long term position with a time range between 3 to 9 months.
Short
by Dubsta000
1
QTUM/DOLLAR 2H DARVA BOX STRATEGYStep #1: Identify at least two Darvas boxes that are on top of each other The first trading rule is to let the market develop at least two Darvas Boxes. Basically, the two Darvas boxes are showing that the market is starting to move in steps to the downside. So at this point, the market also should be making lower highs followed by lower lows, which is the basic definition of an downtrend. In the real world, you’ll notice that the Darvas boxes don’t perfectly stack on top of each other. You’ll rarely find a series of Darvas boxes where the following box has the bottom perfectly aligned with the top/bottom of the previous box. You will notice that the price range of the second Darvas box can move into the space of the first Darvas box which still qualify for a valid Darvas box. Note* Big candle wicks are ignored when drawing the Darvas box. Use the closing price instead. Step #2: Draw a support line in the middle of the first Darvas box We’ve noted that there is no such thing as perfection when dealing with the price action. And since the Darvas boxes tend to overlap, another characteristic is that in most of the cases the top/bottom of the current box won’t exceed the middle of the previous Darvas box. In this case, we can anticipate that the third Darvas box will develop its top around the middle or bottom of the second Darvas box. Step #3: How to sell QTUM: Sell when we test the middle or bottom of the 2nd Darvas Box We want to buy low and sell high because that’s the rule number one to make consistent profits. We sell QTUM as soon as the middle or bottom of the 2nd Darvas box is tested this will ensure that we sell on a retracement in an already proven downtrend. Step #4: Place your protective Stop Loss above resistance level in the second Darvas Box Our improved cryptocurrency sell strategy comes with the advantage of providing us with a very tight stop loss. We can hide our protective stop loss within or above the second Darvas box. A break above the second Darvas box will invalidate the whole price structure and it’s wise to get out of the trade as soon as possible. Two things can measure the success of a trading strategy. First, how tight the stop loss is and secondly the stop loss placement needs to be logical not just a random price coming out from over-optimization. Step #5: Take profit needs to be 2 or 3 times more than your stop loss Opening a trade is just the beginning; you also need an exit strategy to maximize your profits. It’s often said that it’s more important where you take profits than your entry strategy The professional traders place more weight and attention on the exit strategy because that’s how they make money. Probably, this is one of the oldest trading secrets that smart money doesn’t want you to know. Note** the above was an example of a SELL trade using the Free QTUM cryptocurrency strategy. Use the same rules for a BUY trade – but in reverse.
Q
by Tradingstrategyguides