Counter-trend long on Iridium Communications Inc (Ticker IRDM)

Technicals:

- September - January the price failed to break through the support zone 16.80 - 18.00
- strong weekly candle closed above 19.90 ressistance (there since Jul 2018)
- 20.10 - 20.40 can still be retested
- upswing to close Sep 8th weekly candle looks logical
- best-case scenario targets long-term bear trend upper resistance line
- take care of 24.20 - 25.40 resistance zone - partial close preferred

- scenario invalidated if two bars close below 19.00 - price can retest support zone 16.80 - 17.80

Fundamentals:

- company emerged from bankruptcy and has successfully returned to profitability.
- business model centers on providing connectivity via its orbital satellite constellation for tasks such as tracking shipping containers at sea and monitoring pipelines for both government and private-sector clients
- has long-term, fixed-price contracts with the U.S. Department of Defense.
- due to the modern state of its satellite fleet, free cash flow is being directed toward share buybacks and dividends rather than capital expenditures on new rocket launches.

but:
- competition with Starlink for the retail user segment and partial dependency on third-party aerospace companies for orbital satellite deployment.

Conclusion:

- fundamentally, the company is a prominent representative of the aerospace industry during its "renaissance" era (which is now and potentially has bright future).
- with effective management, the stock price has the potential for multi-bagger growth over time.
- the technical setup remains in a bearish trend.
- t here are two distinct positions available: one for high-risk traders and another for patient, long-term investors. For short-term traders, the risk of a further drawdown or a retest of support zones remains high. For long-term traders or investors, an entry price within the $16.00 – $22.00 range is considered attractive.

but:
- the upcoming earnings report on Feb 12th will be the primary catalyst determining the price direction in the short-to-medium term.

# - - - - -
Position - Buy Long ⬆️
# - - - - -

✅ Entry Point 1 Short Term - 21.19
🛑 SL Short Term - 19.75
🤑 TP Short Term - 24.15
⚙️ Risk/Reward - 1 : 2.05 👌
⌛️ Timeframe - 2 weeks 🗓

# - - - - -

✅ Entry Point 2 Middle Term - 20.20
🛑 SL Long term - 18.50
🤑 TP Long Term - 27.95
⚙️ Risk/Reward - 1 : 4.15 👌
⌛️ Timeframe - 3-4 months 🗓
# - - - - -

Good Luck! ☺️

הערה

DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade.

עסקה פעילה

הערה

Entry Point 1 - Trade closed by stop

Entry Point 2 - Trade active

הערה

Today, February 12, 2026, the company released its financial results and earnings guidance. A strong daily bounce of over 10% serves as a convincing signal for at least not bad results. Should the price hold above the [19.90, 20.50] support zone, the asset is expected to test the resistance level at 25.42

P.S. Be aware that such strong movements intraday can lead to profit-taking in following trading sessions

הערה

Price reached 1st Take-Profit
Fixed 50% at 24.15
Price is targeting resistance at 25.42

הערה

For those who is still watching - the price is approaching the upper bound retest of the bearish channel in the nearest term

עסקה סגורה: היעד הושג

It took so long... But the price finally reached the second target. Trading position closed, investing position still open

TotSamiyKaa

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TotSamiyKaa

Visit my Risk Enforcement App → mywarner.app/
Follow me on Telegram → t.me/totsamiykaa
Watch me on YT → youtube.com/@totsamiykaa
See me on Threads → threads.com/@totsamiykaa

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