ASX:TLS   TELSTRA CORPORATION LIMITED
Text me if you have any questions/comments for me.

-----

TLS
- Previous analysis was done on 23 Sep (red arrow) - Suggested waiting for a successful breakout of $4 resistance before plotting entry
- Since then, the stock retraced back to re-test the 3.70 support levels and slowly rebounded
- Today, it successfully broke out with above average volume
- Next overhead resistance looks to be around 4.50 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry if believe the stock can have a sustained breakout
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.