1. the stock is short term very over sold in bullish territory
2. 50% retracement
3. massive buy print on the stock volume
4. if the above means anything with good earnings the stock might go up to 13.5 - 14.
5. the only thing that looks worrysome is the stock performed a 12345 Elliot wave. so if the buyer outlook turns out...
MBT is quietly becoming a monopoly in the Russian mobile telecom space. I wrote a detailed analysis of the company, which you can find here: rockvuecapital.wordpress.com.
In short, the company is a monopolistic giant with tremendous reach and power in Russia and Eastern Europe. Despite this tremendous power and...