Disclaimer


This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

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Monday, October 23, 2017

$TEL Study 20171023

$TEL Weekly Chart as of October 23, 2017
$TEL Weekly Chart as of October 23, 2017


Notes:
1. Price is just ranging for many weeks now. Must show some love and break out of that box.
2. Price is being traded above the 50-week Moving Average.
3. Price must remain above that 61.8^% Fib Ret level, best to move past 50% mark.
4. Presence of BULLish Divergence keeps our interest.
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