as long as i’m on the global telecoms, TEO looks to be in the final stages of a descending triangle pattern.  while this is considered an inherently bearish pattern, these things can break either way and often prove very profitable for a long entry if broken to the upside.  however, as the pattern is typically bearish and this particular pattern is starting to mature (nearly 2/3rd’s to apex) with prices currently threatening support, i have marked the initial target for a short which would be triggered on a downside break.  i may revisit the pattern if that support holds and prices move back toward the top. 2-day chart below.