ENTEL trade ideas
ENTELChilean Stocks.
Pure Technical Projection.
ENTEL doesnt look well. It is in full downtrend, reaching historic lows ranges and the weekly chart paint an huge H&S through all the history of this stock, which i cant really say if it is valid or not. I guess this will be a crucial support test.
On the daily, one Butterfly is completed and retesting suport through an almost complete Bat... this two harmonics can be the chance to avoid the magnetism of new historics lows (4120, 3400 , 2800 , 2200, 1370 , 300).
