Bear Tele2 - 100 SEK TargetTele2 is right now pending at 193 SEK and looks like this is the top.
Next price target is 100 SEK. So selling here and buying again at 100 SEK would be a good idea.
Short
Tele2 AB
No trades
0.78 USD
466.89 M USD
3.05 B USD
About Tele2 AB Class A
Sector
Industry
CEO
Jean-Marc Yves J. Harion
Website
Headquarters
Kista
Founded
1990
IPO date
Jun 18, 1905
Identifiers
3
ISIN US87952P3073
Tele2 AB engages in the provision of mobile communication services. It operates through the following segments: Sweden Consumer, Sweden Business, Lithuania, Latvia, Estonia, Croatia, Germany, Internet of Things, and Other. It offers mobile telephony and handset related data services, mobile broadband, fixed broadband and telephony, fixed voice and broadband, and network connectivity. The company was founded by Jan Stenbeck in 1993 and is headquartered in Kista, Sweden.
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Short
If Tele 2 Break down here. Looks like a bearish set up here on a weekly and daily basis for Tele 2.
I am not taking the trade here.
But intesting set up if it would perhaps break down here.
Also. If rate goes up here, when everyone thinking rates will be low or going lower.
This could indeed trigger the bearish set up.
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Summarizing what the indicators are suggesting.
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.