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THREAD: Long Calnex #CLX
Calnex is a recent IPO on AIM (Oct 2020). It’s already had one ‘trading ahead of expectations’ statement. It seems unknown – based on there being no ‘Discussions’ at all on Stockopedia about it at the time of writing.
The company provides test kits to
Calnex is a recent IPO on AIM (Oct 2020). It’s already had one ‘trading ahead of expectations’ statement. It seems unknown – based on there being no ‘Discussions’ at all on Stockopedia about it at the time of writing.
The company provides test kits to
telecom operators like Verizon. Verizon uses these devices to make sure, ahead of time, that their telecom systems can deal with the huge ramp up in telecom traffic which 5G is about to bring.
What is 5G? This is the new standard for telecom networks, with greater-than-ever
What is 5G? This is the new standard for telecom networks, with greater-than-ever
bandwidth, and faster-than-ever download speeds. This will facilitate a whole host of new technologies (not just mobile phones) - for example autonomous vehicles will communicate with their control centres via 5G. Much more data will flow through telecom systems as a result,
Analysis: #NYSE $CLX
Case 201 #The_Clorox_Company
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#CLX 1/4
Case 201 #The_Clorox_Company
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#CLX 1/4
Chart 1
Weekly Chart: The 2 years range was finally broken to the upside but as price trades below 178.90 it has a tendency to chop around into a $20 price range. Trendline #resistance at 182.85 - a break and close above targets .....
CLX 2/4
Weekly Chart: The 2 years range was finally broken to the upside but as price trades below 178.90 it has a tendency to chop around into a $20 price range. Trendline #resistance at 182.85 - a break and close above targets .....
CLX 2/4
..... 193.95. Good #support seen 155.00 - 152.00 (pivot and SMA 20, 50) then #trendline support 151.68. A close below 144.01 will set sights on 126.80.
CLX 3/4
CLX 3/4
