TLS 0.26% $3.87 telstra group limited

oversold, page-49

  1. 2,535 Posts.
    Agree with Mongo

    Big dump on previous prices, stoch below 30, RSI below 30 etc. is meaningless in isolation. Direction of all indicators is still south, no reversal candles or divergences, support being tested right now. If its broken then it will get v ugly v fast

    though I'm not as bearish as Mongo's H&S chart on the other thread, I'll sit on the fence and say if resistance holds then it will bounce and vice versa, but either way never get in the way of a falling knife
 
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