CenturyLink Inc. (CTL) – stock is trading around $12.94 dollars as of November, 01, 2019 and offering a possible buying price between $12.94 – $13.59. Let’s look at the stocks technical actions using a weekly chart.
2. After peaking late last year, the stock started the down trend when the stock’s 200 Day Moving Average (DMA) took over the 50 DMA.
3. The correction went almost for an year.
4. The stock finally gained the 50 DMA early this month ( October).
5. It also regained the 200 DMA.
6. The stock is offering possible buying price between $12.94 – $13.59, with a stop loss at $11.90.
This stock is already part of the Stocks Under 20 Dollars pick and performance will be tracked here .
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