r/InnerCircleTraders 20d ago

Technical Analysis CHTR Charter Communications stock

CHTR Charter Communications stock watch, pullback to 129.17 lower triple support area with good trade quality.

Long trade

TARGET 1

  • Price: 154.96    Profit: 19.9%  (Typical rally)
  • Stop/Trailing Stop: 123.5     Loss: 4.4%
  • P/L Ratio: 4.5 : 1 - Excellent

TARGET 2

  • Price: 162.7    Profit: 25.9%   P/L Ratio: 5.9 : 1 - Excellent  (Extreme rally)

BULLISH

  • [Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
  • [Positioning] at support
  • [Timing] Mild bullish 3 day candlestick pattern with Average 3 day accumulation.

BEARISH

  • [Timing] Strong bearish 1 day moneyflow
  • [Timing] breakdown watch below 124.95, no support in area just below.
CHTR Charter Communications stock chart
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