TLS telstra group limited

Even it was nervous times recently, what gave me confidence is...

  1. 1,054 Posts.
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    Even it was nervous times recently, what gave me confidence is that the fall would stop around $3.76 and looks like it did. That together with the downwards sloping shape, I liked.

    Also note the fall was precisely a touch on the 50 DMA.

    The downwards slope made me see a potential bull flag in the making. And todays action is a break-out of the flag. As I looked at the weekly, I could see that TLS might be trading above $4.00 by Friday.

    The time seems to have arrived for TLS to at least partially close that huge August 2017 gap.

    The downward slope was key. That is a good shape.

    Volume today also consistent with breakout action.

    Well done for those who topped up at $3.77-$3.78.

    TLS presicely off 50DMA.jpg

    TLS Breakout of Flag.jpg

    TLS Large Gap.jpg
 
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(20min delay)
Last
$4.81
Change
-0.055(1.13%)
Mkt cap ! $54.87B
Open High Low Value Volume
$4.86 $4.88 $4.80 $58.73M 12.17M

Buyers (Bids)

No. Vol. Price($)
100 497380 $4.80
 

Sellers (Offers)

Price($) Vol. No.
$4.81 299880 93
View Market Depth
Last trade - 14.40pm 25/06/2025 (20 minute delay) ?
TLS (ASX) Chart
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