As foreseen in my previous article on 30th June the BIG Telecom has rebounded once it reached is double bottom in area 3.30.
See link at http://nztechnicalanalysisabroad.blogspot.com/2008/06/telecom-update.html
What should we expect now ?
I'm not sure, but the big movement on the volume (if it's real, true) in the last days it really worries me, and it let me think we are in the middle of just a pullback.
I'm going to buy this stock only if it comes back over 4,10 dollars or it drops to the next minimum expected to area 2.35 .
For now I don't care about it.
Let them play their game !!
We will be ready when it is convenient.
Bye
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