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ChartArtist (< 20)

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Frontier Takes Off

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February 25, 2014 – Comments (2) | RELATED TICKERS: FTR

Frontier Communications (FTR) completed an 18 months ascending triangle by closing above $5 on 3.7x the avg daily volume.  The move was initiated by a 3 months consolidation pattern in yellow. Implied target is $7. Note that FTR has a dividend yield of 8%.

Charts & more at http://theartofchart.wordpress.com/2014/02/26/frontier-takes-off/ 

2 Comments – Post Your Own

#1) On February 25, 2014 at 9:15 PM, YoungNGunnin2 (< 20) wrote:

Definitely getting a once over by me in the AM.  Appreciate it boss, curious to know your thoughts on DGAZ as well if you find the time.

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#2) On February 26, 2014 at 7:02 AM, awallejr (81.44) wrote:

I wouldn't touch that stock.  They are still struggling from the Verizon purchase.  I warned against this stock right after that purchase because of my experience with FRP.  They bought a bunch of Verizon landlines and ultimately went bk. 

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