Panjang
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.
Nota
For fundamental analysis check out FTR's SA https://page-http://seekingalpha.com/symbol/FTR
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.