Cellcom Long Term Analysis
Cellcom, cellular communication company
Used to be one of 3 cellular companies in Israel, but since the market has been opened up for competition it has been struggling for survival after being milked by previous owner who went bust, had a lot of excessive fats in terms of expenses.
Today Cellcom is doing a decent job is reinventing itself, expanding to ISP and streaming services.
It seems to be looking for a bottom. The 666 price level will probably be tested again, if it isn't surpassed during the next 1-2 year and a slow grind upwards starts to appear, this may become bullish.
Used to be one of 3 cellular companies in Israel, but since the market has been opened up for competition it has been struggling for survival after being milked by previous owner who went bust, had a lot of excessive fats in terms of expenses.
Today Cellcom is doing a decent job is reinventing itself, expanding to ISP and streaming services.
It seems to be looking for a bottom. The 666 price level will probably be tested again, if it isn't surpassed during the next 1-2 year and a slow grind upwards starts to appear, this may become bullish.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.