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ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) CEDEAR 2 REPR 1 ADR'B'ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) CEDEAR 2 REPR 1 ADR'B'ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) CEDEAR 2 REPR 1 ADR'B'

ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) CEDEAR 2 REPR 1 ADR'B'

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ERIC trade ideas

$eric ascending triangle on intermediatehigher timeframe is in defined uptrend and finding support on trendline intermediate time frame is in accumulation phase after short markdown showing price action making higher highs and higher lows on trendline moving towards the .236 retracement level of 7.30 rsi is confirming the move and has room to run and break resistance lowertime frame is showing alignment in consolidation in upper range in resistance area of 7.3x - will watch price action from there possibly breakout of resistance and pullback- slowly finding its way to the 7.43 area and watching for a breakout of that resistance are
NASDAQ:ERICLong
by inco1
***Update*** Ericson - Waiting for short entryThere is nothing new under the sun. Waiting and applying the stuff that works. You don´t have to trade every single asset or take every single opportunity, just wait for teh stuff that you understand to happen. Warren Buffet recently said, he would have never baught Micrsoft or Amazon because he didn´t understand their model. But he understood Coca Cola and PetroChina and that´s more than fine. I hope can show some traders what I have on the watchlist and if they understand the reasoning behing I may have added some value to the community
NASDAQ:ERICShort
by LorbeerInv
3
ERICSSONTelefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.
NASDAQ:ERICShort
by karl.media99
PRICE ACTION/VSA LONG ON ERICA symmetrical triangle pattern with increasing demand volume on down wave culminating in today's AV (Accumulation Volume) VSA bar, down bar with mid to up close on high volume. Further strengthened by the support found on triangle trendline. This is an aggressive entry. A more conservative entry would be to wait for further signs of strength and a NS (No supply) or TOS (Test of Supply) bar, AKA low volume pullback. Entry on break of high of signal bar. Initial stop at low of signal bar. First target is previous resistance level with R:R of 1:3.13. Second target at prior higher high with a R:R of 1:5.6. Third target at a measured move of first leg of triangle with R:R of 1:6.47.
NASDAQ:ERICLong
by npatz_2000