Media
Merger Sprint-T-Mobile Speculation - release March 7thAlready for a few months the market is speculating on a merge between T-Mobile and Sprint. Ever since the stock is in a rise and increasing trend.
On March 7th the CEO will talk on a conference from Deutsche Bank. This announcement is also on their website and you can follow the live-stream.
The official announcement says:
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Sprint (NYSE: S) Chief Financial Officer Tarek Robbiati will speak at Deutsche Bank’s Media & Telecom Conference in Palm Beach, FL on Tuesday, March 7, 2017 at 12:55 PM ET.
A live audio webcast of this session will be available at www.sprint.com The replay will be available shortly following the presentation.
About Sprint
Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 59.5 million connections as of Dec. 31, 2016 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America for the past five years. You can learn more and visit Sprint at www.sprint.com or www.facebook.com and www.twitter.com
View source version on businesswire.com: www.businesswire.com
Source: Sprint
Buy NFLX Netflix broke out from the downtrend but indeed there happened nothing last 8 days. But in a long range from 2012 lows to 2015 highs NFLX had a good correction at 85 = 38,2%. What makes me happy about a bullish scenario? I love this 3point extension after the split 07-15-2015. Since the level of 90$ = 23,6% stabilized prices after a long series of down gaps. So I follow the bulls here. :))))))))))))))
Radio? I barely watch TV!P had a decent run lately due to good news and favorable earnings.
The move to digital platforms is going well but unsustainable IMO.
Waiting for the confirmation at the long term trend line.
A break - A very good potential LONG with ~20% upside.
A rejection - A very, very good short all the way down to $6.
A small long until trend line is a good swing trade.
Toronto Star (Torstar Corp.) StockThis chart shows the final quarter of 2014, through 2015 and into quarter one of 2016.
Did You Know NFLX Is In A Range? When Will It Break Out?This is a WEEKLY chart of NFLX.
Did you realize that Netflix was in a range? You may not have if you didn't step back and look at a Weekly (or longer) chart. It is amazing to me how things seem so much clearer when you step back and look at the big picture.
NFLX has been in this range since late 2013. Since then, when the stock comes down to the $320 area, it turns higher. On the other hand, when it gets up to the $480 area, it turns lower. How can you use this info to invest (or trade) in NFLX? If you want to go long you could buy close to the $320 level. If you want to go short you could do it around the $480 level.
Someday the range will be broken. No one can tell you when that will happen. But it WILL happen. Will there be a hint of it happening? Probably yes. Let's agree that the $400 level is the middle of the range. If NFLX can stay in the top half of the range (above $400) for a period of time then the chances it breaks above the range get higher & higher. If NFLX stays in the bottom half of the range (below $400) for a period of time then the chances get greater that it will break below the range.
There are two inner levels of the range that caught my attention. Those are the $380ish and $420ish levels. The $380 level has acted as resistance at times and the $420 level has acted as support at times. Lets say you were long NFLX from the end of January, when the stock hit $480 you could have sold some of your shares. Why would you have done this? Knowing the $480 level is the top of a range means the stock MAY turn lower in this area. If you did sell up there, you could reinvest that money back into NFLX around $420. Personally, I don't mind paying the commissions in and out to save $50ish dollars a share...
Maybe you are invested in NFLX for the long term. Maybe you don't have any desire to sell some at resistance and reinvest at a lower price. That is ok. Let's look at the four lines in the range in a different way. Which levels tend to act as support (levels where the stock turns higher)? The $320 and $420 levels. So if you want to add to your position, you should do it at these levels. They may not be the perfect level every time but there is some history that tells us these levels are good support.
Do you have a "range bound" stock that you bought for your kids and you wish you knew a good time to add to the investment? Do you own a stock in your retirement account that you would like to add to but you are not sure when to do it? This kind of chart analysis can help you with those decisions.
If you want me to draw a chart for you just give me the symbol of a range bound stock. I will post the chart here.
I Want To Draw A Chart For You...
Facebook ready to retest March highs Credit to Greg Harmon for putting this on my radar. Diving into the price action, Facebook's 2 month sideways grind may be coming to an end as price hugs channel resistance in a bullish cup and handle formation. Respecting fractal behavior, the pullback/consolidation touched down exactly on the 61.8% fib measured from last November's swing low to the March highs. This pullback point was particularly special as it filled a large continuation gap from January, which tends to precede an explosive move in the opposite direction. The bullish thesis is also supported with a RSI that finally stabilized above the 50 line and a rising MACD. The measured move based on the consolidation also corresponds with the high placed in March.