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Telus inches higher, resistance at 12-day EMA February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

TELUS Corporation (TSX:T), Canada's 2nd largest Communication services company by market cap, has increased 0.8% but fell short of the 12-day Exponential Moving Average [EMA] of CAD43.60. Compared with the S&P/TSX 60 Index which rose 4.9 points (0.5%) in the day, the relative price increase was 0.3%. The volume was 0.7 times the average trading volume of 1.3 million shares. The stock last traded at CAD43.56.

SECTION 1

TELUS BULLISH SIGNALS

1.1...