TLS 0.76% $3.92 telstra group limited

chartists, page-3

  1. 7,728 Posts.
    SMARTDUE---if only it were that simple :)

    However, charts don't as you say show 2 days of data---they show every SP movement for the life of the listed stock, which incorporates every sentiment, every piece of information, every fundamental.

    The dividend is not a magnet for share price.

    Not when holders have suffered a 59 cents capital decline since August -- for a total 28 cents dividend.

    FASTENYOURSEATBELTS, trendlines are a line-of-best-fit, and need two touches to be valid.

    In any case, the right shoulder is complete, and it's also comprised of a smaller head and shoulders, has broken down, and projects down to $3.05.

    Sorry, I don't like it, I want to see shares rise, especially the big companies which have invested very heavily to make life better for us all...

    But it's all about growth...and Telstra's growth has been hived off and grafted onto its myriad of competitors. Optus,
 
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