-High volume -Double floor -Financial situation ok in the last quarter
Current technical condition is strong. Slow stochastic is overbought so may need to wait for a pullback. 9 Day rsi is positive and stock shows more volume on up days than down days which tells me it is under accumulation.
Telefonica Mapfre Bankinter Inditex Mediaset
Dejo actualizada la gráfica de TEF sobre la idea planteada este finde en la brecha elástica de Rankia. Por fin Telefónica rompe la bajista que viene desde máximos de junio y tenemos a la vista "el recorrido mínimo" que debería realizar hasta el objetivo de los 9,25 euros (38% de retroceso). Hoy podría apoyarse en el nivel de los 9,012 euros y de ahí salir...
TELEFONICA PURCHASE We are looking for a target price of 12. RSI confirmation at levels 8.88 Possible strong increase for the next 3 months of TELEFONICA. Go strong with this operation! Good Trading!
Little Bounce till 9.35/9.55 for summer then september out
Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company's services and products include Mobile business, Fixed-line telephony business and Digital services. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica...
TEF has been restructuring after a prolonged bearish movement. The mid term goal for long positions would be in the 11.7-11.9 euros I have been long on this stock.
Telefonica just recently described an ABC elliot retracement and could be starting a second wave, leaving the stock at the middle of the minor wave number 3. If this continues, it will come close to a major support zone that could be key to the middle-term future of TELEFONICA.