$EchoStar(ECHO)$ Entering 2 positions in EchoStar Corporation ($ECHO) at $97.69 into my long term portfolio. With the recent ticker evolution to ECHO (formerly SATS) and massive strategic moves in space-to-cellular infrastructure, we are capturing a true connectivity powerhouse at a prime technical retest. 📉 The Setup: Post-Breakout Retest & Structural Demand Zone After pulling back from its recent highs, ECHO has set up an ideal risk-reward entry right ahead of catalyst events. Massive Upside Margin of Safety: Wall Street consensus price targets sitting comfortably around $138.56 (and high targets well above $145+). 🚀 The Catalyst: SpaceX Wireless Talks & Telecom Infrastructure EchoStar is no longer just a traditional satellite
$EchoStar(ECHO)$ Entering 2 positions in EchoStar Corporation ($ECHO) at $102.00 into my long term portfolio. With the recent ticker evolution to ECHO (formerly SATS) and massive strategic moves in space-to-cellular infrastructure, we are capturing a true connectivity powerhouse at a prime technical retest. 📉 The Setup: Post-Breakout Retest & Structural Demand Zone After pulling back from its recent highs, ECHO has set up an ideal risk-reward entry right ahead of catalyst events. Massive Upside Margin of Safety: Wall Street consensus price targets sitting comfortably around $138.56 (and high targets well above $145+). 🚀 The Catalyst: SpaceX Wireless Talks & Telecom Infrastructure EchoStar is no longer just a traditional satellit
$SpaceX(SPCX)$ Adding 1 more position in SpaceX (SPCX) at $136.00. 📉 The Setup: The "IPO Base" Double-Bottom Re-Testing the $135–$138 Demand Floor: The $135–$138 zone represents the original offering/listing launchpad. Retesting this key horizontal support floor allows institutional "smart money" to complete their accumulation cycles. Buying at $136.00 puts our average cost right on top of major institutional bids. 🛡️ Volume Absorbing Panic: The daily momentum oscillators are nearing extreme oversold territory on this pullback, creating a prime setup for a sharp V-shaped recovery off the IPO base. 🚀 The Catalyst: Starlink Cash-Flow Engine & Starship Scale The fundamentals behind SpaceX haven't changed—they've gotten stronger whi
I think @nerdbull1669 makes the stronger point here because Buffett Trade through free cash flow, infrastructure spending and balance-sheet discipline. Buffet has been consistent in his investment.