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Everything remains the same at Telefónica: reversing a downtrend is an impossible mission

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We have just learned that Telefónica has lost 160 million in the third quarter for an asset impairment of 785 million in Argentina. The net profit for the first nine months stood at 671 million euros, 50.1% less than in 2019.

Technical analysis
DOWN TRENDING VALUES

Short term

Medium term

Long term

We have just learned Telefónica's results, which means that volatility today may be higher than usual. And it does not matter if it falls or if it goes up a lot because nothing will change significantly.

–EXPANDING–

Telefónica monthly graph



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