Telecom Stocks Fall Into Shorter-Term Downtrends

  • Jason Goepfert

    Jason Goepfert

    Published: 2016-05-20 at 00:02:53 CDT

On March 30, we took a look at the S&P 500 Telecom sector and how every member was above their short-, medium- and long-term moving averages. When that has happened in the past, the sector tended to struggle in the shorter-term.That was nearly the peak for the sector, which has corrected 5.5% ...

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