BALTICstockinvestor

Telia Lietuva again interesting to buy ?

Long
OMXVSE:TEL1L   TELIA LIETUVA
TEL1L 3% below ATH, when BalticstockInvestor warned that overbought conditions are seen
Now RSI is only 60 compared to 90 in end of July, thus bulls can start pumping up the already expensive stock, which seems to be viewed as safe haven in Baltics.
Drop to 200 SMA would mean a 12% decline in today's stock price, which is not so bad considering strong demand for this stock.

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