TELEFONICA SA CEDEAR EACH REP 1/8 ADRTELEFONICA SA CEDEAR EACH REP 1/8 ADRTELEFONICA SA CEDEAR EACH REP 1/8 ADR

TELEFONICA SA CEDEAR EACH REP 1/8 ADR

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TELEFONICA SA CEDEAR EACH REP 1/8 ADR forum

TEF Telefónica is still far from the historical lows of €2.73 per share, even more if we count dividends. However, it is under a lot of bearish pressure in the very long term. It would have to break the €4 barrier again to think about a long term uptrend.

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