I own Telus (T.TO). The stock has bounced around recently, which is great for me as I trade around core positions. The stock seems to be bottoming here after a 9% dip, and is at the bottom of its normal range at $61.20 (see chart).
The problem is that I only trade around on moves of 10%. Do I break discipline to pick up a stock when the price seems low, or do I stick to my process?
As tempting as it is, I’ll stick to my process. However, Telus looks good here!
Writing today, 31st October, this looks like a great prediction. Telus closed today at $64.84, up almost 6%.