CTT at a crossroadCTT at resistance. Up to next resistance area and head & shoulders target? Or down to retest support?
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C7T trade ideas
CTT Portugal Long PositionExpect good Q4 Earnings at 10 March 2021
CTT Portugal went private in the last Government election, sold.
With several problems, the new board had to fire several people and close some Post stations.
Just like every Portuguese Government Company, the hierarchy was full of people doing Nothing and recieving Alot.
Glad everything changed in the past years.
Today they are doing a good job, better than DHL, SEUR, Chronopost, etc...
Created a Bank, CTT Bank that is attracting alot of people, from young to old.
Old people recieve their retirement at CTT post office, and if they have an account there, recieve directly.
They were the only gainers post pandemic in Portugal, along with EDP energy company.
Let's see...
