Telus is making massive investments across Canada as one of the few major telecommunications providers in the country. Telus has taken on debt and directed revenues towards the creation and permanent installation of enormous amounts of physical infrastructure across Canada's physically-large land mass.
TELUS is investing $28 billion across Ontario from 2023...
TU Telus corporation is selling at a discount right now. earning is on Friday. expecting a BEAT in profit , currently trading in Bull Flag pattern , looking for the bounce up above 18 then continuation to above 19.6USD, also RSI is near 30 on the daily chart.
I will be buying more shares tomorrow. It will be just rounding it up and then DCA if/when it touches the green lines (POC lines) under the white line ( My average cost)
I expect it to go up from here for a couple of weeks. This may take a year to play out to reach these two red lines. One is a POC line within the golden range using Fibonnaci and second is simply...
I suspect we have reached the bottom here. Time to accumulate and hold on. I will decide later on when it's time to sell. But some TP areas can be the 200 MA and DCA out from there in section each time an exit trigger is met. I expect a 30% gain from here on out within a year.
Telus just released their earnings today and they were just as good as estimated but never the less the stock had no reaction and is now selling off.
The chart looks real ugly if you look at the Monthly and Quarterly window we have managed no follow thru after the big move down to start the year, the bulls are running out of time to step in and take this higher....
Telus is setting up for a decent short. I was looking at the level in grey initially, but the risk/reward on this setup did not make sense. Thus, the higher zone.
perfect example of why i should make my own trades.. i saw this one yesterday.. was looking good.. didn't see anyone really mention it or talk about it and didnt even set alert. would have worked so far... do your own research... know your setups.. know what looks good to you no one else..
With the MACD losing steam and the RSI overbought it's a good time to take on a short position on a relatively safe stock.
Consider putting the SL @ 20.33 and take half profits at 19.43 and watch it from there. Take full profits when MACD starts to turn back around and RSI heads back up.
This is a very low risk trade. Great for folks who aren't typicaly...
$TU with a positive under reaction following its earning projected with a neutral outlook with PEAD placing the stock in Drift A.
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Hey traders, TELUS CORP is in a bullish movement with high volume of sales we notice that before the same session. High possibility that buyers will reverse the trend for
arrive in the consolidation zone, see the breakout to join a new zone and try to break it again to get the next higher. After acceleration we enter a decision area for pricing before being able...
broke 17.65 level which was reistance a few times in the last few months. target is just below high set on June 8th, just below the high as i see an open gap there
broke 17.65 level which was reistance a few times in the last few months. target is just below high set on June 8th, just below the high as i see an open gap there
We can buy this stock at support after confirmation or when it breaks the downtrend line. Green engineering robo cloud and moon cloud tell us that the chart is bullish.
I use a three signal alert system
1) Mar 12 RSI goes oversold (no surprise there)
2) Mar 25 MACD flashes a buy
3) Arp 29 EMA cross-over -confirming trend - $24 price target
I would be careful this week as earnings will be released, also looks like S&P is heading lower this week.
