Telus just released their earnings today and they were just as good as estimated but never the less the stock had no reaction and is now selling off.
The chart looks real ugly if you look at the Monthly and Quarterly window we have managed no follow thru after the big move down to start the year, the bulls are running out of time to step in and take this higher.
My target is $27.59 for the quarterly and monthly low once we break past that I think we take out last years low of $24.93
I am looking at september 16th expiry monthly calls strike at either 29/28 or 27
The chart looks real ugly if you look at the Monthly and Quarterly window we have managed no follow thru after the big move down to start the year, the bulls are running out of time to step in and take this higher.
My target is $27.59 for the quarterly and monthly low once we break past that I think we take out last years low of $24.93
I am looking at september 16th expiry monthly calls strike at either 29/28 or 27