TLS 0.52% $3.86 telstra group limited

i agree, crumbly schnitzel but today so far $175 mill was spent...

  1. 548 Posts.
    i agree, crumbly schnitzel but today so far $175 mill was spent buying it (the other side of the sells, of course), so someone still wants it.

    I have expectations of much lower prices if it breaks $3.92 - I'm looking for return to downtrend line, currently at about $2.00. It is common for prolonged downtrends like the one tls is in, to resume with a bang after a sideways move.

    What I have to resist is the urge to increase short position size before chart signals - I want to help push it over the edge - but that would be financial suicide..
 
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