Telia Company has triggered a buy signal from a long-term bottenformation. The stock is buyable on the rebound, particularly in the vicinity of 37.60 £
Telia’s Company is a long-term underpresterare when the shares are still trading well below half of the introductory course. The share has after an unsuccessful utbrottsförsök in the middle of april 2015, had a very weak development, and for a long time shown a sequence of falling peaks and which made the shares unattractive for a purchase.
This relationship has the past week changed in the positive direction, then the share for the first time in years managed to close above the resistance at 37.60 € to the Sequence of descending highs has been broken and a sequence of rising bottoms, the shares have shown since February. Technically speaking, eat prospects are good for the start of a recovery towards the 41, followed by 43.50£.
When the share has a dividend yield of over 5 % and a bottom seems to have created is a placement interesting, especially at a rebound down against 37.60-38kr that should have been converted to support in the future. The emergency exit is placed preferably at a closing under 36.50 £ Målkurs is set to 40.90 bc
Forced 41kr is indicated on the rise, compared with 43 followed by 47kr. Would the share the against all odds show weakness by significant shut down during 37.60 usd, it is only at a crossing of 35.20 usd on the downside as significant weakness is indicated.
The long-term jämviktsvärdet, MA 40 weeks is utplanande.
The stock is traded on the Swedish stock exchange with the symbol TELIA.
Telia Company
Entrance buy
37.60-38kr
Ticker
TELIA
Målkurs
40.90 £
Market
The OMXS Large Cap
Emergency exit
36.50 £
P/E
23.9
Latest
38.69 kr
Direct avk.
5.2%
