Technical Insider

PHI = 65.38 ( -3.26% ) TEL = 2565 ( -7.40% ) PHI seems to have formed a doji with lower low and lower high. Volume increasing. TEL formed a gap down black candle. Volume decreasing. TEL formed a 7th black candle news: Fed cuts rate by 75 basis points Computation for possible gains if we bought TEL at the close of yesterday and TEL mirrors the close of PHI. 65.38 x 41.595 = 2719.48 PHI = 65.38 TEL = 2565 2719-2565=154 around 6% gain Good luck to all TEL traders!

TEL = 3035 ( 0.7% ) TEL gap up to form white candle. Looks like TEL might have found a support level at 2970. TEL looks like it is on its way to test supply line. Good luck to all TEL traders!