Tele2 (B) triggered during the month of april a buy signal by force the resistance around the 86kr… which has been converted to a support in the current downturn. As long as the outbreak remains intact and is further expected to rise against the 111kr.
The Tele2 share following a test of the previous highs at the end of april 2015, had a weak development, which has taken the share price down for a test of the bottom from 2014 where the share has shown a köprespons. The share has subsequently shown a sequence of rising lows after a test of this bottom, which reflects a growing buying interest in drew, and that led to an outbreak upward in January followed by a new outbreak at the end of april in connection with the share showed a considerably better-than-expected interim
As usual, converted the previous resistors to the support, at the test from above, and so long as the share price shows this underlying strength, conditions are good for further rise against the 111kr.
Share after a local peak just below 95kr rekylerat greatly which creates a köpläge when the shares come down to the previous utbrottsnivån.
The emergency exit in the form of a stoploss is placed preferably at a closing in 83kr. Målkurs is set to 110kr.
Would the support happen to give way to open it up for the drop towards the previous support at students 80 skr. On the top is resistance at 95, 101,111,125 and 162kr.
The long trend in the form of 40-week-day moving average is rising.
The stock is traded on the Swedish stock exchange with the symbol TEL2 B.
Tele2 B Company
Entrance buy
85.50-86.50 kr
Ticker
TELE2 B
Målkurs
110kr
Market
The OMXS Large Cap
Emergency exit
83kr
P/E
neg
Latest
86.50 £
Direct avk.
6%