Briefly revisiting the telcom seasonal trade statistics and the seasonal upswing in most of these stocks from mid November 2010 to December 31 2010, shows hits and misses. Performance was overall positive during this time frame. For some like JDSU…
Tellabs Internal Wave Structure
Tellabs Inc has been analyzed on both short and long term time frames. Initially in late November 2010, a triangle trade was projected on a weekly chart and more recently a flat correction was seen on a 30 minute chart…
Stocks On The Move January 3, 2011
After much nervousness in the holiday trading sessions, the beginning of the new year launches stocks higher without regard to past tentative tendencies or indicators. LEAP wireless gained almost 9.5% and has reached the short term price target set. LEAP…
Tellabs Inc Flat Correction
Tellabs has been flagged in the past for a possible 10% gain, price target 7.50. This price level is near the 200 day moving average looking at a daily chart. In late November 2010, the price motion of TLAB was…
Telcom Seasonal Trade Update
Since the price low on November 22, 2010, when the seasonal move was initially called, regardless of instances of lower prices to follow, to the high price so far in todays trading. All but one stock has made profitable moves…
TLAB-Tellabs Inc. Triangle Trade
Tellabs Inc. was on the watch list recently as a possible part of the seasonal move for telcom and communication service providers into year end. Today a buy signal was initiated on the analysis that a wave 4 triangle correction…
Trade Signal TLAB_112410
Buy signal trading TLAB- November 24, 2010* Trading signal for weekly price bars Buy price: $6.50 Sell stop price: $5.99 LEVEL HIT – January 25, 2010 Short term profit level: $7.49 Long term profit level: $8.75 Trading Signal Buy Chart…
Trading Telecommunication Stocks Seasonal Move
Marked on the calendar in late November is, “take a look at telecommunication stocks”. Visiting any group of stocks during a “seasonal” swing is worth investigating. Lately LEAP has been on the watch list, add to that any of its…