TEL closed today with a bearish harami cross. This may be a sign of a reversal for this stock but a confirmation is need via gap down or lower closing price from the previous price. Theoretically this is a bearish reversal but 57% of the time, this is a bullish continuation. Hmmm? Anyway, if you observe on the chart below, you will see that there's a gap below that's need to be filled.
RSI is at 51. Strong support is at 38.2% and 23.6% fibo line. You may want to add some shares on that level if you want.
Currently TEL is at a low price and you may want to accumulate shares since this stock is good for long term because it's regularly giving high dividends.
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