COMM trade ideas
COMM Turnaround
Looking back on how I followed a large LEAP order alert and repeated Insider buying to take a position in Commscope.
Sadly, I was shaken out of most of the position just after it broke out. Weak play on my part, but overall a solid win.
Bottoms are really hard to grab.
In this case, it was that first recovery back to the 1's and then the bounce to 2 that was initially rejected that got me thinking the weakness would persist.
From here, a huge falling wedge breakout and an epic run. Let's see how far they take it.
COMM: Bullish Divergence Holding at $4.00 w/Improving FinancialsI mostly became interested in this stock due to the sector and the recent shift in it's quarterly profit margins; but the stock price did not reflect what I saw in the recently rising profit margins so upon closer inspection it became somewhat apparent that the debt incurred by the company has been utilized to finance their day-to day operations and that these debts have been very heavy and this is likely what's been weighing down on the stock's price, especially because for a long period of time, they have been operating without generating any profits relative to the debts they've incurred.
But recently for the last few quarters a notable shift has occurred, and they are now showing signs of newfound profitability, thus signifying that those earlier debts may have been worth it.
It is also nice to see that they have not resorted to diluting their shareholders, as many stocks with this sort of price action and debt tend to do.
If this Weekly Bullish Divergence plays out, we could see it make a run to the 61.8% Retrace
CommScope (NASDAQ: $COMM) Ready To Run Like The Dickens 😈CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Outdoor Wireless Networks (OWN), Venue and Campus Networks (VCN), and Home Networks (Home). The Broadband segment provides converged cable access platforms, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market. The OWN segment provides base station antennas, radio frequency filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel towers, accessories, Spectrum Access System, and Comsearch products to the macro and metro cell markets. The VCN segment offers Wi-Fi and switching, distributed antenna systems, licensed and unlicensed small cells, enterprise fiber, and copper infrastructures for campuses, venues, data centers, and buildings. The Home segment provides devices and related software, and management solutions that offer residential connectivity and services to subscribers, such as digital subscriber lines, cable modems, and telephony and data gateways; and set top boxes and software that support cable, satellite, and Internet protocol television content delivery, which include digital video recorders, high definition set top boxes, and hybrid set top devices. It offers its products and services through specialized resellers and distributors, satellite video distributors, and system integrators, as well as directly to customers in the United States, Europe, the Middle East, Africa, the Asia Pacific, the Caribbean, Latin America, and Canada. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.
LongVery good chart to education.
The stock breaks through resistance and begins to rise. Ahead of the targets: 14,15 and 16,20. Upside: 32% and 40% possibly higher. Technically, the picture is very good.
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COMM price action is bullish and set for more gainsNASDAQ:COMM price action is bullish, any pullback towards 50 MA is a buying opportunity IMO. Anticipated price action and targets is shown on the chart, stop daily close below 15.5$.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
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COMM - Out of NOWHEREPossible trend continuation here. Stop and targets on chart.
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Over 50,000 $10 June 19' Calls Traded TodayTechnically, the stock has some hurdles too clear. However, it has made a higher low here recently and volume surged today. With massive call buying only a few weeks til expiration, either someone knows news is pending or an institution thinks the 5G story will lift the stock. I bought the calls and own stock as a speculative play only. Trade at your own risk!
Old Resistance becomes new support?COMM had a tremendous move during earnings and is now retracing to its old resistance
Its showing clear support at the 13.52 level
With Price Target at 15.81
Thats a +13% gain
It closed with very low volume yesterday
and I love how its hovering on the 20ema
If it closes above the 9 tomorrow
I will be looking for an entry with a stop loss at 15.75
COMMSCOPE HLDING INC NASDAQ(Newbie 2 cent review)Daily and weekly chart seem to breaking triangle. Good for long term, as company target next quarter result may increase.
$14.47 may the last support, by current price $15.50, this stock should be potential to climb further. the next target sell price around $24.00.