Long order placed in CalixI see a strong likelihood that the price will initiate its next bullish move from this point. After the previous upward movement, the price corrected downwards over a period of 8 trading days, found support at the 30-day SMA, and formed a hammer candle on the last trading day.
CALX trade ideas
Correction ended? Awaiting next moveSee chart picture: It could be that the downwards correction of the last days is over now. So I placed a BUY order above the last high. If it's getting broken - I'm in and I expect the next bullish wave targeting the vicinity of the the former high from late July.
CALX - potential bullish reversalhi traders,
CALX looks good now and may be ready for a bullish reversal and higher prices.
The price reclaimed the key support at 32,50 and broke the downsloping resistance line which may act as support now.
The long position can be taken now and the stop loss can be placed below 32,50.
Fib levels shown on the chart should be acting as resistances so take profit should be taken on the way up.
Final target: 77$
Good luck
9/28/22 CALXCalix, Inc ( NYSE:CALX )
Sector: Electronic Technology (Telecommunications Equipment)
Market Capitalization: $3.937B
Current Price: $62.44
Breakout Price: $63.20
Buy Zone (Top/Bottom Range): $59.30-$55.05
Price Target: $69.40-$71.20 (1st), $80.40-$82.00 (2nd)
Estimated Duration to Target: 31-33d (1st), 76-79d (2nd)
Contract of Interest: $CALX 11/18/22 65c, $CALX 1/20/23 70c
Trade price as of publish date: $4.80/contract, $5.10/contract
Calix ready to fall more. CALXWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
CALX breaking out!* Great earnings quarter over quarter
* Strong up trend
* Breaking out of an ascending triangle with higher than average volume
* This is the second time this is trying to breakout.
* Out performing the general market
Note:
Due to market volatility it's better to keep smaller targets.
Under normal circumstances this trade should give you a 54.14% ROI.
You can book some profits at 2:1 as indicated and let the rest run if you'd like.
Posible rising or not?I like this stock, it is in an uptrend, so this time it could be a good time to take a position, it is ending the pullback, and it is touching a resistance area, another good point is that it is almost touching the EMA50, the lower line of the trend and a fibonacci resistance, if the price doesn't break those supports, then it could be a good entry... but there is a negative point, the price is shown as overbought, so it could begin a change of trend, or create a head and shoulders pattern with the price from september 15 till now. My consideration: I'd go long, but always remember to wait for confirmation, keep an eye on volume and set a stoploss below the pullback (or EMA50 if it were the case)
CALX Death StarNYSE:CALX gave one of my favorite bars today which I like to call a Death Star. It is an outside bearish engulfing bar that tried (and failed) to make a new high. It is one of the worst bars you can see at the top of a chart.
This one also broke out of the top of the triangle (and failed) and then broke the bottom of the triangle and closed under the trendline all in one day.
It's going to take a Jedi to save this chart.
CALX LongCALX dropped with the rest of the Archegos sell off. Since then it has made a steady climb back towards normal trading range. Before that time it was consistently making higher highs. Looking for CALX to get back to its trading range and start setting some new highs. This is not advice. Good Luck!
$CALX is on BUY zone.Despite the fact that $CALX came out with earnings that are above estimates. the price of the stock dropped and found SUPPORT @ $31.00. Nice time to add shares into Portfolio. Can be gained 15-20% profit in next coming weeks.
However; manage your risk. If ti dropps below $31.00 then consider to close your position. But lots of buys are coming in.
Earnings shortcut: :
Calix (CALX) reported 4th Quarter December 2020 earnings of $0.44 per share on revenue of $170.0 million. The consensus earnings estimate was $0.33 per share on revenue of $158.9 million.
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services required to deliver the unified access network in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services, such as basic voice and data, and advanced broadband services.
CALIX Analysis Hello traders, CALIX is in a very important moment in its history we can witness a new historical high. It is in a fake bearish movement with a large purchase volume made and a kind of water-carrying candle with a sell trace. The TIMEFRAME M1 makes us observed a kind of upside down hammer candle with a high sell volume executed, it goes towards its next low to make a reversal (fake plus back). There is a good chance that the price will breakout following the equilibrium zone to land in the upper one and make a new high. With a test on the top of the zone then a second test on the top of the channel with a previous breakout.
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Monthly C&H Earnings today AMCPossible stop below handle low (HL)
Monthly cup and handle/done on a monthly chart
Stock close to high from many months ago so used that high for long entry level
Earnings this afternoon
I think they beat so should hit long entry level tomorrow
NV very high
Not a recommendation
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services required to deliver the unified access network in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services, such as basic voice and data, and advanced broadband services. Its premises systems allow CSPs to master the complexity of the smart and connected homes, and offer services to differentiate through the delivery of a subscriber experience. The company offers Calix Cloud, an analytics platform that leverages network data and subscriber behavioral data to deliver analytics and intelligence to communications professionals through role specific dashboards; and Calix Marketing Cloud for CSP marketing teams, as well as Calix Support Cloud for CSP customer support teams. It also provides Experience eXtensible Operating System, a carrier class premises operating system and software platform that supports residential, business, and mobile subscribers; and Access eXtensible Operating System, a software platform built for the specific needs of the access network. The company offers its products through its direct sales force and resellers. Calix, Inc. was founded in 1999 and is headquartered in San Jose, California.