TLS 0.00% $3.88 telstra group limited

broken trend, page-7

  1. 345 Posts.
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    barnsty ,

    Time will tell, but , my chart was the same one I had in Sept and I believe somewhere around Dec it broke the downtrend.

    My reasoning is, when the chart was drawn it was done on the bottom Fib , Late Dec 08 to the 38.2% Fib about $3.70. Lines were already drawn, and the middle line , sits perfectly where the break occured.

    I could be wrong, But i feel it would now be trading at $3.10 if it had followed it's downtrend.
    I am happy to put a $20.00 donation to a favourite charity on this one.

    Mind you I do respect a fellow T/A'r
 
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