I definitely would not argue 351 was strong, it is technical and it is quite weak. However I did post that it should provide short term support. There is a very high probability that Telstra will test low 3's. The short side has been fantastic, I see no reason to trade long at this stage.
Telstra is in a yield sweet spot, page-66
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 (20min delay)
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Last
$3.75 |
Change
0.095(2.60%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.75 | $3.71 | $35.92M | 9.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 345750 | $3.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.75 | 830106 | 116 |
View Market Depth
| Last trade - 11.57am 09/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |