Hamilton's E-Wave Analysis

BCE , RCI/B , T The Canadian Communicators

 

Telus was our favorite , and our least liked stock. All three are in a business where the commodity of a phone call has dropped in price to near zero. Sofar by nickel and diming they have maintained a reasonable level of performance but that may start to change little by little as people realize that many of the services are available at a fraction of what these companies charge. From a chart point of view , all three are near reasonable retracement levels and should probable be sold. As always , clickon the chart to enlarge.