In the past week the Deutsche Telekom stock was especially strong. The stock is back on its way to a chart technical upwards trend. Which is very surprising, according to various analysts.
During the last week the stock gained 4 %, which is huge. In the last two weeks it gained even 5 % and in one month it gained 6 %. This is a positive signal for the stock.
From a chart technical perspective the crossing of 14 and 15 Euro is important. Then the new goal would be the hitherto existing 6-month-hig of 15.67 Euro from November 3, 2017.
From a technical point of view the stock is almost a buy. It has not reached the moving average 200, yet. It is currently located at 14.80 Euro, which is very close already. Keep an eye out on this stock!
Ein Beitrag von Gideon Tanner