$ATEX is going to turn around and aheadBasing on the Fibo levels, divergence and building double bottom, simultaneously with the good last report, there is a high probability, that NASDAQ:ATEX will show a turn around and start raising ahead from 28 to 41-45 (to get it return to the mother ascending channel) in a 3 months, which can bring us about 50% of the growth.
Does not constitute a recommendation.
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ATEX trade ideas
ATEX Anterix Options Ahead of EarningsAnalyzing the options chain of ATEX Anterix prior to the earnings report this week,
I would consider purchasing the 30usd strike price in the money Calls with
an expiration date of 2023-6-16,
for a premium of approximately $3.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Ameren Signs Long-Term 900 MHz Spectrum LeasesAmeren Signs Long-Term 900 MHz Spectrum Leases for Illinois & Missouri Service Territories
Anterix (NASDAQ: ATEX) today announced its first long-term 900 MHz broadband spectrum lease agreements, covering Ameren Corporation's ("Ameren") service territories for 30 years. These agreements enable Ameren's deployment of a private LTE network to support its digital transformation to deliver benefits for millions of Ameren customers in Illinois and Missouri.
finance.yahoo.com
ATEX is oversold!Hello traders!
As you can see from the chart above, Anterix stock price is forming a quite solid support. The stock is currently oversold and the target could be placed in proximity of the 61.8 Fibonacci level.
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
$ATEX can rise in the next daysContextual immersion trading strategy idea.
Anterix Inc. operates as a wireless communications company.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $56,00;
stop-loss — $50,07.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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