TLS 2.81% $3.81 telstra group limited

TLS chart, page-212

  1. 199 Posts.
    lightbulb Created with Sketch. 131
    Weekly chart attached. Trading very nicely on the weekly, hit the upper trend line and struck resistance as expected (it was a huge move up over a short time frame). Now trading back between the 38.2 and 61.8% Fib re-trace lines (white dotted lines) from most recent low ($2.60ish, Thick orange dashed line). Good buy anywhere in the yellow highlighted circle ($2.90 - $3.10) for me while it digests recent upward move and gets ready to have another crack at the upper (blue) trend-line resistance. If/when this resistance breaks, expect a big/quick move towards $3.50.

    AIMO, do your own research.

    Telstra Corp Ltd_20180903_14.42.png
 
watchlist Created with Sketch. Add TLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.