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Opinion on  Telefonica S.A. (TEF)     Sector: Services  >  Industry: Communications Services
Retesting new high failed?

Feb 06, 2007 06:56 AM GMT
Diego
Return Risk
-9.99% HIGH
Associate

Technical Analysis  

The new high made a gap up that day but ended lower with high selling volume. Now back near that area, let's see if the sellers will come out and bring it back down again. Although the volume is much now, should be interesting to see if it can break to new highs again.

Newbie-trader-tef-daily-rally-retest-new-high


TEF:  This call was made on 02/06/07 @ $65.32
Rating:   Negative   $65.32 (02/06/07)
Gain/Loss:   -34.92% in 1032 days
Target:   $61.00 (-6.61%) in Three months


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diego previously rated TEF
Positive +0.00% Retesting new high failed?
02/06/2007
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