Telefonica seems to have position for another wave breakout or some sort of bullish run. Again, don't take what I say seriously or at face value (as always), this is an opinion basis. That being said, let us get into my analysis. Looking at a long position target, you could see the 4.88 target range as feasible going into the upcoming years, or some sort of +15% growth potential as a conservative estimate. Some targets are even looking into the post $6 to $7 range quite soon, and it does look like it already passed most of its bottoming up period. The market capitalization of Telefonica is also huge, and that isn't really easy to all go away. Points like this, should make it a good stock pick. However, the problem lies on the fact that it is very high risk at the moment given its past negative correlations performance and how investors may react.
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Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
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Follow me on Tradingview :)
Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
