TEL’s 5-year weekly chart looks bullish

The 5-year weekly chart of TEL shows that it is still bullish in long term. It’s ascend to reach the upper slope has been distracted by the bearish sentiment that Philippine Stock Market as a whole experienced. As of now there is no threat coming from this stock. The Doji candlestick showed indecisive mood among traders last week. There is a greater chance that TEL will proceed with its journey. In case this will turn sour, our support will be the lower slope.

Caveat!

One Response to TEL’s 5-year weekly chart looks bullish

  1. […] with its journey. In case this will turn sour, our support will be the lower slope. Caveat! TEL's 5-year weekly chart looks bullish Reply With […]

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