ASX:TLS   TELSTRA CORPORATION LIMITED
TLS
- Previous analysis was done on 6 Sep - Suggested waiting for successful breakout of overhead resistances before entry
- Today’s price action sees the stock convincingly break the 3.90 resistance
- Next strong overhead resistance at 4.00 levels
- Half entry at current levels could provide an avenue to manage overall risk-reward
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest half entry at current levels if believe the stock can successfully breakout of resistance at 4.00 levels


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