Weekly technical read, trade under management +25%
Telecom Italia dips 1.6%: the trend speeds up and the double bottom holds
Weekly technical read, trade under management +25%
Our view last week
Telecom Italia is in week 12 of a buy signal, with the trade running at +27.09% since entry. The model's 3 statistical targets have already been hit and coverage is complete: the stop now follows the Inversion Point, protecting the accumulated gain. The weekly picture stays bullish, but with fatigue signals worth watching.
This week's summary
Weekly technical analysis: Telecom Italia stock slips 1.6%, with sellers back in control after weeks of strong buying — the very fatigue last week's summary flagged to watch. Price still defends a double bottom in the 7.3 area, with a 3% daily rebound, and the trend keeps gaining strength: weekly ADX rises for a fourth straight week. The trade has been under management for 13 weeks, up 25% since entry.
IQS Phase
48
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#29 / 60
EU-UK stocks in progress
Trade P&L %
+24.99%
from signal to today
restricted Platinum content