TLS 0.52% $3.86 telstra group limited

Yes, up into the $3.20's. Because the shape, owing to the rise...

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    Yes, up into the $3.20's. Because the shape, owing to the rise to $3.40 then sharply back down to $2.98, warrants this to happen now.

    Should go to at least $3.28.

    But after that, no guarantee it will go higher.

    The hint will be to look at the RSI and to see if RSI reaches previous levels when the price went to $3.40.

    If RSI falls way short when price rises up here, then it will indicate negative divergence which wont be good.

    But don't worry for now, just enjoy the ride to at least $3.28 and we will see.

    Up 28k on this trade with entry around $3.04 recently. Not showing off, just stating the facts. To illustrate that I put my money where my mouth is.


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