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Windstream Corporation – Equities of interest

by FxIgor

Joel Kruger suggests this interesting Equities in his section Equities of interest :
Windstream Corporation (NASD: WIN)

Investors have grown fearful after the telco missed analyst expectations for three consecutive quarters. Nevertheless, the company says it remains committed to its healthy dividend payment, and still sees plenty of room for growth. With this in mind, I wonder if most of the bad has now been priced in to the share price, with value to be found at current levels. Technically, the counter-trend play is highly compelling, with daily studies tracking deep in oversold territory and screaming for a corrective bounce. This in conjunction with a bullish doji-like close on Friday, could act as the catalyst for the anticipated bounce. Any additional setbacks should be very well supported above $8 on a daily close basis.

Related posts:

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  5. Affymax, Inc. – Equities of interest
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  8. Hovnanian Enterprises Inc. – Equities of interest

Filed Under: Equities of interest

About FxIgor

I am forex trader from 2009. and I am making autotrading systems using Metatrader EA. In this blog I will share my thoughts about daily forex traders, market forexcast, top forex brokers.

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