Event0011
Long

TEL (Telenor) About to make new highs

OSL:TEL   TELENOR ASA
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6
TEL (Telenor), Norway's biggest telecom company about to make a push to new highs.

On the 1H TEL just breached the level I wanted to see a small retracement from and is now finding support on it. We could either see a push up from where price is right now, or we could retrace down to the initial supply zone I had in mind.
Either way, I've still got resting orders in the 160.5 zone.

4H:
Feb 24
Trade closed: stop reached: Stopped out on this, Made a little bit of profit, but starting to look spooky for Telenor. Still valid to long if opportunity opens up.

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