Charter- Should We "Cut the Cord"?
I am a technical trader so I will stick to the technicals for the most part on this one...
Technically, Charter's charts and price structure are pretty clean and straightforward.
We are at a decision point with good probability for movement in either direction.
With that said i would use the low as my stop loss if I am long and if i am a bear I would use the recent pivot high as my stop..
Fundamentals- lets be honest..when grandparents started buying firesticks and Roku boxes I knew cable was on its last legs..but cable isnt dead- yet
Technically, Charter's charts and price structure are pretty clean and straightforward.
We are at a decision point with good probability for movement in either direction.
With that said i would use the low as my stop loss if I am long and if i am a bear I would use the recent pivot high as my stop..
Fundamentals- lets be honest..when grandparents started buying firesticks and Roku boxes I knew cable was on its last legs..but cable isnt dead- yet
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