TLS 2.41% $3.82 telstra group limited

TLS chart, page-234

  1. 2,498 Posts.
    lightbulb Created with Sketch. 126
    This shows a classic strong ascending triangles pattern and today looks like the bots are supporting the move up/more on the buy side.

    My feeling/gamble is, the move up will continue next week and we will see 3.25 taken very soon and 3.40 will be crossed as well and 3.75 may arrive much sooner than many of us believe.

    This pattern looks too strong and hard to believe not continuing.

    My concern is more to do with global market correction and risk needs to be managed properly and more so when one holds a big position.
 
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
TLS (ASX) Chart
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