Vodafone Group Plc (NASDAQ:VOD) has been trying to break out above the key resistance level at 29.25 a couple of times since last month, but each attempt has been unsuccessful. This situation has created a sideways (bullish) consolidation pattern whose upper horizontal trend line could be ready to be broken. If a breakout occurs on volume, we could see momentum that could move the stock to around the 30-30.3 area.
This is the second communications stock we're talking about this week. After covering Ciena Corp. yesterday, we got quite interesting feedback on the sector in general and other telecom stocks in particular. So well, Juniper Networks (NYSE: JNPR) is going through a very interesting phase. After going from about $20 all the way over $30 in less than a year, the stock saw some correction, falling about 10% in just
After the tech stock rally somewhat simmered pre-4th of July the focus is back on stocks that are showing relative stability and long-term positivity. Ciena Corp (NYSE: CIEN) the $3.5Bn telecommunications equipment company is an interesting prospect to watch for value investors. After reaching the max returns of more than 30% over last year, the stock has come back to its March levels of $24-25 now and it looks like it will
The last 3-6 months have seen the Qualcomm stock (NASDAQ:QCOM) oscillate between $52 and $59. Amidst the general highs of tech stocks and the personal specific lows of Qualcomm, with multiple law suits on one hand and its NXP acquisition taking time to materialize, on the other, the stock has seen some inconsistent times off late. Market Reaction to Qualcomm [caption id="attachment_1713" align="aligncenter" width="751"] QCOM Stock Sentiment[/caption] Investor and trader sentiment has
Once again, we have a weekend read with holistic perspectives for you. Analyzing the Cisco (NASDAQ: CSCO) stock this time, this post covers technical analysis by Antonio Costa - our friendly technical expert on the US markets - and combines that with views of Wall Street sentiment and investor activity about the stock on social media. Technical Analysis by Antonio Costa The bulls have no reason to be alarmed. In
This is a guest post by António Costa, acclaimed trader and the popular author of AC Investor Blog Sprint Corp (NYSE:S) after a big price and volume surge in mid-July, has gone sideways and consolidated in a rectangle pattern in the 5.85-6.32 trading range. On Friday, the stock finally broke the top line of the trading range on decent volume and I expect more upside pressure in the coming days.
