Description
⋅ Tel is clearly operating in a symmetrical triangle on the 5 Day time frame.
One my conservative targets for TEL long-term is .43 cents.
Coincidentally that target is right in line with the fib 1.1618 level (Golden Ratio)
MACD selling pressure is starting to decreasing by pinkish histograms, which is a very good thing!
The MACD line is also crossing from below the signal line which is another sign of bullish momentum.
OBV tells me that people have been steady accumulating TEL as well.
TEL looks like it could pop very soon,... hope you got your bags packed soon. Lift off is soon!!