In the Zone

Tellus International, Inc.

In the Zone this week is Tellus International, Inc. in which trades on the New York Stock Exchange under stock symbol $TIXT

 

TELUS International, Inc. provides customer experience and digital business services in Europe, North America, the Asia-Pacific, and Central America. It offers digital experience solutions, such as artificial intelligence and bots, omni-channel customer experience , mobility solutions, cloud contact center, big data, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, customer care, technical support, sales growth and retention, and healthcare/patient experience.

 

By having a close look at a stock chart of the company you will notice that the company is a recent initial public offering or IPO that came to market as of February 3. Since coming to market the stock has been trading in a range from a low at around $30.00 to a price high above $32.00. What I am looking for going forward is a breakout in price above $31.58 in order to take this stock higher.

 

As of the close of the market on Friday the stock ended the day trading at $31.14 up $0.36 or 1.17%. In the week ahead place this stock on your watch list and set your price alerts for a breakout in price above $31.58.

 

By Marlin Rolle

 

Please note that all the stocks listed are not buy recommendations; please do your own due diligence or get help from a professional before trading.