IvanLabrie

TEO: Telecom is a long

Long
NYSE:TEO   Telecom Argentina SA
I'm holding longs in $TEO (via $TECO2 in the local stock market) before the big breakout happened, after the news of the Cablevision acquisition surfaced. Cablevision is a private company, leading internet and cable tv service provider. $TEO's acquisition would make it the largest firm in all of these spaces in the country. The chart is constructive for further upside, and I think fundamentals warrant strong growth in the stock.
If you examine the monthly timeframe , or even yearly, we have a significant breakout there, so, I expect this to be a huge long term uptrend.

Best of luck,

Ivan Labrie.
Comment:

If you're interested in joining my trading newsletter, automated copy trading service or private lessons, message me. I trade Forex, Crypto, Equities and Commodities. Contact me here or @ http://www.fb.me/LabrieTrading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.