Telecom Argentina S.A.
Technical Pattern: Continuation Diamond (Bearish
Outlook:Bearish
Mid Term Target:4.21
Current Price:6.12
Idea Generated at:Feb 24, 2021
This stock has formed a pattern called Continuation Diamond (Bearish), providing a target price for the intermediate-term in the range of 3.00 to 4.21
Telecom Argentina SA operates in the telecommunication service industry. The company provides "quadruple play" services, cable television services, Internet services, fixed telephony, and telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. The company provides its services in...
Telecom Argentina SA operates in the telecommunication service industry. The company provides "quadruple play" services, cable television services, Internet services, fixed telephony, and telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. The company provides its services in...
After breaking into higher ground last week on solid volume, shares of TELECOM ARGENTINA SA - NYSE:TEO appear to be turning the tide and in the process, has recaptured its 200 DMA and now finds itself in position to perhaps start its ascent into northern territory evidenced in the Daily chart above.
With the move above its 200 DMA, we can observe that TEO now...
The plan here is to see a bounce from the daily 50EMA.
This looks like the end of a longer downtrend to me with the first HHs and HLs
Let's see if this does hold or not.
These are the FUTURE dates for TEO (Telecom Argentina SA) with the highest probability for experiencing a price swing high or low. Apply
your own indicator(s) to determine the price swing direction.
TEO breaks out of deep falling wedge from half its value earlier in year.
* Paid a 17.45% dividend last year and known for double digit dividends
* Telecom 5G play for new subscribers in 2019, or watch until 2019 entry at higher price, likely near $30.
* Growing mid-cap telecom, cable, cellular provider
* Fell out of favor on negative earnings miss building...
TEO should fall that low taking into account the macro economics imbalances of Argentina and the ramping inflation,not to mention the trade war between US and China that is pressuring on EM.
1st tgt: 11.5 +/-
2nd tgt: 7.5 +/-
TEO should fall that low taking into account the macro economics imbalances of Argentina and the ramping inflation,not to mention the trade war between US and China that is pressuring on EM.
1st tgt: 11.5 +/-
2nd tgt: 7.5 +/-
TEO, it is a stock can go up, check it out.
it had a gap open, and broke up a main resitance.
as long as price doesn't go back to fill the gap, this is a long.
I'm holding longs in $TEO (via $TECO2 in the local stock market) before the big breakout happened, after the news of the Cablevision acquisition surfaced. Cablevision is a private company, leading internet and cable tv service provider. $TEO's acquisition would make it the largest firm in all of these spaces in the country. The chart is constructive for further...
