TLS 1.17% $3.88 telstra group limited

tls sp increase, page-29

  1. 1,002 Posts.
    Baz,
    my projections are based on the stock coming back up to meet its long term downtrend line at approx 4.10.
    As I said before, I know nothing about the fundamentals of the company, apart from the obvious, but I do know a fair bit about when to buy a stock based on various technical indicators. My radar is saying time to buy from a technical perspective, but I'm affraid I cannot give you a fundamental reason.
    Its an interesting thing but TA tends to show a signal way before the fundamentals shine through.
    not very tangible methology, I know, but it works for me after 30yrs in the mkt.
 
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