TEO: Telecom is a long

11 июл. 2017 г.

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.

11 июл. 2017 г.

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