TELUS Corporation
Long

TELUS : Oversold Dividend Play Setting Up for a Santa Rally

459
Meow~

TELUS has pulled back nearly 24% in three months, dropping from ~$23 to ~$17.50 and is now sitting at the lower boundary of a multi-year descending channel.

With a strong dividend yield, this level becomes attractive for long-term accumulation, allowing investors to get paid while waiting for a potential mean-reversion and Santa rally bounce.

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