telstra-- the short of the century above $4.60...!, page-3

the Yearly pivots set up 50% @ 4.83
the lows are 4.16$

last years pivot lows were at 4.51 (so around those lows you'll find probably alot of traders supporting the stock.

My up target still stands at the 4.80's on TLS, with the trialing 3 day lows supporting the stock around 4.63 and this is where the 3 week highs broke out, so around these low 4.60's you'll get some kind of support.

The qrt 50% level is also 4.55 until price falls below this once again, the stock could be supported for the next 3 months until the next qrt comes about. Once 3 week highs cross and close above the stock (most bule chips will be supported for a few months before the next qrt and the larger cycle changes.

thats how i would view TLS atm, coming into the back half of March might put more pressure on it though.