TEO Technical Analysis 🧙Telecom Argentina SA operates in the telecommunication service industry. The company provides "quadruple play" services, cable television services, Internet services, fixed telephony, and telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. The company provides its services in Argentina, Paraguay, Uruguay, and in the United States.
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TEO
TEO Technical Analysis 🧙Telecom Argentina SA operates in the telecommunication service industry. The company provides "quadruple play" services, cable television services, Internet services, fixed telephony, and telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. The company provides its services in Argentina, Paraguay, Uruguay, and in the United States.
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Cablevision Holding (CVH) y su participación en Telecom (TEO)Este gráfico muestra la acción de Cablevision Holding CVH medida en dólares y el valor por acción de su participación en Telecom Argentina TEO .
La participación de CVH en TEO es 39.08%. Para poder mostrar todo en el mismo grafico, multiplico el valor de su participación en TEO (0.3908*NYSE:TEO) por la cantidad de acciones que hay de TEO (125610315) para saber el valor total de su participación y después divido por la cantidad de acciones de CVH (180641002) para saber el valor por acción de CVH de su participación. La formula es 0.3908*NYSE:TEO*125610315/180641002 o para simplificar 0.271746229*NYSE:TEO. Esto permite ver el valor por acción de CVH en USD de la participación de CVH en TEO .
Y para ver el valor de CVH en USD se usa el contado con liquidación: BYMA:CVH/(BYMA:GGAL*10/GGAL).
TELECOM ARGENTINA SA - NYSE: $TEO On WatchAfter breaking into higher ground last week on solid volume, shares of TELECOM ARGENTINA SA - NYSE:TEO appear to be turning the tide and in the process, has recaptured its 200 DMA and now finds itself in position to perhaps start its ascent into northern territory evidenced in the Daily chart above.
With the move above its 200 DMA, we can observe that TEO now finds itself trading above all of its important moving averages 20/50/200 DMA's, which portrays a healthy technical posture.
In addition, it also appears that TEO may now find itself in the the very early innings of entering Stage II advance. While further work is required, we are placing the stock front-and-center on our radars for further monitoring moving forward with the thought process that the 19-20 and perhaps 22-24 objectives may come into play.
Thus, both investors/traders may want to continue to monitor the action in TEO closely in the days/weeks ahead for further evidence that we may just be in the early stages of its next meaningful advance into greener pastures.
TEO: Telecom is a longI'm holding longs in $TEO (via $TECO2 in the local stock market) before the big breakout happened, after the news of the Cablevision acquisition surfaced. Cablevision is a private company, leading internet and cable tv service provider. $TEO's acquisition would make it the largest firm in all of these spaces in the country. The chart is constructive for further upside, and I think fundamentals warrant strong growth in the stock.
If you examine the monthly timeframe, or even yearly, we have a significant breakout there, so, I expect this to be a huge long term uptrend.
Best of luck,
Ivan Labrie.