US Cellular. w48 2020. Wait for Long from 27Monthly
Bearish triangle.
It was not break in 2\3 of pattern = slow open will be.
News or something strong is needed to break.
Weekly
Super long range.
Theoretically good to buy now but price has no power.
Also low volume
Daily
I think it will be long CUP and Handle Pattern.
Do not rush to open Long.
Open 27
SL 24
TP 44
RR 6.5
USM trade ideas
Potential EPS beat of at least 50% EPSBeat's algorithm has detected a potential EPS beat of at least 50% on ticker USM.
USM is set to report third-quarter 2020 results on Nov 5, after market close.
EPSBeat's algorithm has successfully predicted 13/14 earnings beats for the week of Oct 26.
The tickers that beat were CHGG, HSII, HSTM, TNET, HLIT, FEYE, FVRR, EEFT, AVT, WDC, TAP, OSTK, SHOP.
The ticker that missed was RL.
Broadening wedge earnings playUSM is now in a broadening wedge pattern. Past volatility has proven profitable, hence my long order is till 50 MA and my short order is till the last low.Also, the volume has decreased showing there maybe a large breakout about to come and the Coppock curve is in a horizontal pattern and has also gone negative so it may rebound and go positive.