TLS 0.00% $3.61 telstra group limited

chartists

  1. 3,020 Posts.
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    I look forward to reading intelligent, well thought out HC posts which have some logic and business rationale attached to them.

    In respect of the chartists, I am reading that TLS is on its way down to $2.80 and the direction is down but 2 days ago there were no such comments? The bottom line is that Telstra has had a very small reduction in profitability, it remains a cash cow, is 2 weeks away from paying a $0.14 fully franked dividend and has been subject to some panic selling during the past two days.

    I would not be surprised if the lure of the large dividend will see TLS move back above $3.20 next week rather than sinking due to the chartists ?downward trend?. How do I know? I have read Tarot Cards, tea leaves and have had a s?ance. That is just as useful as some of the charts showing 2 days of historical data.
 
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Last
$3.61
Change
0.000(0.00%)
Mkt cap ! $41.71B
Open High Low Value Volume
$3.61 $3.63 $3.60 $58.29M 16.13M

Buyers (Bids)

No. Vol. Price($)
23 728552 $3.61
 

Sellers (Offers)

Price($) Vol. No.
$3.62 100000 1
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Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
TLS (ASX) Chart
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