Buying China Mobile shares might be a good idea in October



China Mobile (NYSE: CHL) shares have advanced above $32.7 at the beginning of October and the current price stands around $32.4. The technical picture implies that the price may advance above $35 this October but there are also some obvious risks when it comes to buying China Mobile shares. Fundamental analysis: The company has a stable dividend and has the intention to sustain payouts Shares of China Mobile could be a good investment option and most financial analysts are expecting its price to rise considerably in the next several years. China Mobile provides mobile telecommunications in China, the company serves

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