Telecom(US:TEO) ZACKS·2025-12-01 15:56Core Viewpoint - Telecom Argentina Stet - France Telecom S.A. (TEO) has reached a significant support level, indicating a potential bullish breakout from a technical perspective due to a "golden cross" formation [1] Technical Analysis - TEO's 50-day simple moving average has recently crossed above its 200-day moving average, signaling a bullish trend [1] - A golden cross consists of three stages: a downtrend that bottoms out, a crossover of the shorter moving average above the longer one, and continued upward momentum [2] Performance Metrics - TEO shares have increased by 12.2% over the past four weeks, suggesting positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating potential for further gains [3] Earnings Expectations - There has been one upward revision in earnings expectations for the current quarter, with no downward revisions in the past 60 days, supporting the bullish outlook [3] - The Zacks Consensus Estimate for TEO has also moved upward, reinforcing investor confidence in the stock's upward trend [3][4]