ASX:TLS   TELSTRA CORPORATION LIMITED
TLS
- First time doing a written analysis on TLS
- Stock was in a long downtrend since 2015 and this introduces a lot of overhead resistances
- Stock looks to be challenging the 4.00 resistance soon
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of overhead resistances before entry and only if comfortable with the multiple overhead resistances