After the break of the higher multidiagonal, it looks like we could be due a trip to the lower diagonal at ~2.75p
buy @~36.00 zone (red). Previous structure aligning with 61.8% fib retracement making a good case for entry. People who want to invest instead of trading can be happy for the 5%+ dividend yield.
buy OMX:TEL2_B at 67.03
I am looking forward where the price move after touch supp area. Profit potential is sexy but risk as well. I am keep my focus here.
Telecoms caught some weakness after earnings release. $51.50 was important resistance above which buyers failed to hold eventhough company released numbers higher than expectations. Now, we have tight consolidation near lows with resistance at $49.15. Break below consolidation support $48.50 will trigger Short entry and will open doors to $46 major support. If...
Sprint is expected to report a smaller loss than in the first quarter as a massive network overhaul comes close to an end. Investors will look for any update on the company's planned $32 billion bid for T-Mobile, expected to be announced in the next few months. The bid has met with skepticism from regulators, who worry it could reduce competition in the...
Sandvine's shares price increases after Q1 financial results