TLS 0.52% $3.89 telstra group limited

TLS chart, page-664

  1. 2,711 Posts.
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    Nice finish today. Looks set for a nice jump tomorrow barring a bad day Dow Jones and US markets.

    Low interest rate environment helping TLS - as it is a solid defensive stock. We are likely to get another rate cut on Melbourne Cup day so better times ahead. Although October is traditionally meant to be a bearish month - it's turned out to be a quite bullish for TLS after that drift down!

    Hopefully we can push past FT's predicted resistance point of $3.69 by the end of the week! If breaks through $3.70 I believe it will race back to $4.
    Last edited by Bert333: 21/10/19
 
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