Thursday, September 14, 2017 12:28:15 PM
One leading communications stock that has been under pressure over the past two months is DISH Network Corp(NASDAQ:DISH). This stock peaked out in July around the $66.50 level. Since that peak the share price has fallen down to $52.55. Unfortunately, the pattern in the stock tells me that there is further downside in the shares before it makes a significant bottom. My downside projection tells me that the shares of DISH will likely decline into the $46.50 area. This is a level that should be defended by the institutional money. Keep this stock on the radar as I will likely be a buy(long trade) around this area.
Nicholas Santiago
InTheMoneyStocks
Recent DISH News
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
