Alış
Frontier communications(FTR) nearing important support
Technically Speaking
Price is coming up on the support zone b/w 3-4.
The R/R seems to favor a long position at these levels.
A good target would be the 2015 high print around 8.50.
Risk
For me, I always think about risk, not as volatility, but the probability of a permanent loss of capital. You can never know for sure what the probability is but I think most people can come to a conclusion about what is most likely.
Two links to get an idea of the companies troubles:
1. seekingalpha.com/article/4011168-bad-news-keeps-coming-frontier-following-10_5-billion-purchase-verizon
2. fool.com/investing/2016/10/05/frontier-communications-corporations-biggest-failu.aspx
What to do?
How much of your portfolio are you willing to risk to see if this trade will play out in your favor? 1%, 2%, 5%? Only you can answer that questions.
Price is coming up on the support zone b/w 3-4.
The R/R seems to favor a long position at these levels.
A good target would be the 2015 high print around 8.50.
Risk
For me, I always think about risk, not as volatility, but the probability of a permanent loss of capital. You can never know for sure what the probability is but I think most people can come to a conclusion about what is most likely.
Two links to get an idea of the companies troubles:
1. seekingalpha.com/article/4011168-bad-news-keeps-coming-frontier-following-10_5-billion-purchase-verizon
2. fool.com/investing/2016/10/05/frontier-communications-corporations-biggest-failu.aspx
What to do?
How much of your portfolio are you willing to risk to see if this trade will play out in your favor? 1%, 2%, 5%? Only you can answer that questions.
Not
For fundamental analysis check out FTR's SA https://page-http://seekingalpha.com/symbol/FTR
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.