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Chartercommunications

Charter Communications | CHTR | Long at $353.00Charter Communications NASDAQ:CHTR has hit the bottom of my historical simple moving average band. It may consolidate for a while around the current price or dip in the near-term (potentially in the $270's), but dropping interest rates will be extremely beneficial for telecommunication companies in the long-term. There are two open price gaps on the daily chart ($700's) that will inevitably close - just a matter of when. With a 90M float and 12% short interest, it's a stock that could get interesting if upward momentum takes over. Earnings and cash flow growth are anticipated through 2027, so at $353.00, NASDAQ:CHTR is in a personal buy zone. Target #1 = $400.00 Target #2 = $500.00 Target #3 = $600.00 Target #4 = $700.00 Target #5 = $740.00
NASDAQ:CHTRLong
by WorthlessViews
Charter Communications – Hidden Gem with Up To 85% Upside OpportIf you like this idea, please don’t forget to Boost it. Fundamental Indicators: Sector – Communication Services US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistently growing for the past 5 years, with 13% average annual rate Profits – even more explosive growth, with 26% average annual rate Net margin – decent 12% which has considerably increased since 2018 P/E – quite low with 13.6 ratio compared to S&P500 with 21 and Communication Services sector with 17.5 Liabilities - debt ratio is at 0.91 which is a little over the norm, Net Debt/ EBITDA is at 4.54 – no major problems with debt Conclusion – great performance across all indicators apart from the debt ratio, which shouldn’t be a concern at this stage – stock likely to continue growing Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently at the stage of completing wave 5 of 5 (see higher timeframe graph) The key elements of this scenario are Contracting Tringle of wave 4 that lasted between 2017 and 2019 which reflects accumulation phase, and the final fifth which is taking a complex shape This final fifth wave is clearly shaping up by a choppy movement which indicates formation of an Ending Diagonal (see guidelines for Ending Diagonals below) Waves 1 to 4 have already formed and wave 5 is just about to start This may present a good long term opportunity with a target of $825 – up to 85% upside This is a higher timeframe to reflect the full history of Charter Communications and to provide full wave count: This is the link to the guidelines for Ending Diagonals What do you think about Charter Communications and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. And BOOST this idea if you like it. Thanks
NASDAQ:CHTRLong
by vitalalyt
16
Charter Comm lost an earpiece. CHTRGoals 521, 504. Invalidation at 615. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NASDAQ:CHTRShort
by Rykin_Capital