TLS 0.28% $3.61 telstra group limited

Loses almost half its gains, page-3

  1. 913 Posts.
    lightbulb Created with Sketch. 1
    Plenty of shares traded from 4 and upward traders exiting expecting gaps to be filled below or moving on to other opportunities, you must remember 80% of Australia's investing population identify as traders holding for an average period of 1-3 weeks

    This was a chance to make safe gains, fundamentally Telstra is strong and will rise but in saying that it has been in a downtrend for the past 6 months awaiting decesion the market has yet to factor in divi yield as I believe they are expecting a cut and so tls isn't as attractive as normal.

    Other factors could include relative stablivlty in the broader market as whole tls is traditionally a heaven stock and so there is no real buying pressure.

    My goal is to set buy targets below my current holding average 4.20 and stack em high for that compounding divi yield
 
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Last
$3.61
Change
-0.010(0.28%)
Mkt cap ! $41.82B
Open High Low Value Volume
$3.60 $3.63 $3.60 $31.32M 8.663M

Buyers (Bids)

No. Vol. Price($)
70 266908 $3.61
 

Sellers (Offers)

Price($) Vol. No.
$3.62 503750 89
View Market Depth
Last trade - 15.04pm 01/07/2024 (20 minute delay) ?
TLS (ASX) Chart
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