TLS 0.78% $3.83 telstra group limited

Baz,my projections are based on the stock coming back up to meet...

  1. 1,002 Posts.
    Baz,
    my projections are based on the stock coming back up to meet its long term downtrend line at approx 4.10.
    As I said before, I know nothing about the fundamentals of the company, apart from the obvious, but I do know a fair bit about when to buy a stock based on various technical indicators. My radar is saying time to buy from a technical perspective, but I'm affraid I cannot give you a fundamental reason.
    Its an interesting thing but TA tends to show a signal way before the fundamentals shine through.
    not very tangible methology, I know, but it works for me after 30yrs in the mkt.
 
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