Held60 days
Entry$142.21Close$124.54PnL-12.43%
75%
confidence
Angle SpaceX mobile talks give Charter a real catalyst while a heavily shorted float is already starting to squeeze.
Charter’s reversal has a forward-looking hook: reports of high-level SpaceX talks for a consumer mobile partnership could add satellite-broadband optionality to a stock priced like broadband erosion never stabilizes [#4, #28, #36]. The setup is amplified by short interest and buybacks, with tweets citing roughly 20-25% of float short, 6-8 days to cover, a shrinking float, and a 21% FCF yield [#27, #34].
AI Status: Charter closed with a 12.43% loss after our exit signal, surrendering a prior 12.73% peak as drawdown reached about 20%.
The position entered near 142 and finished near 125, so the SpaceX-partnership and short-squeeze thesis never sustained a re-rate after an early run toward max favorable excursion above 12%. By exit, price sat well below the declining EMA20 and SMA200 stack with weekly trend still weak, while stochastics had been deeply oversold and Bollinger %B hugged the lower band without reversing the downtrend. The trade ran its course with momentum lanes still favoring caution despite occasional oversold bounces.
