TLS 0.77% $3.94 telstra group limited

TLS chart, page-862

  1. 1,050 Posts.
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    The upper line has been resistance.

    Needs to break the line. But more importantly is $3.89.

    $3.89 is key.

    Been looking at the chart and see a potential "Cup and Handle" formed since August 2019.

    The handle is a little too deep however. But still good to keep it in mind. As if it turns out, it can make TLS got to $4.40.

    But again, for this pattern, $3.89 is key. Professionals usually buy on a break of $3.89.

    The rise can be quite rapid if it happens.

    If it is not a Cup and Handle, if TLS can't overcome the upper resistance line, there could be a long downside lurking all the way down to $3.40 and even $3.00.

    This is an important time for TLS.

    TLS 3.89 is Key.jpg

    TLS Cup and Handle.jpg
 
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$3.90 $3.95 $3.90 $77.32M 19.65M

Buyers (Bids)

No. Vol. Price($)
7 70362 $3.93
 

Sellers (Offers)

Price($) Vol. No.
$3.94 234589 4
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TLS (ASX) Chart
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