electo
Long

Time to Long TELSTRA

ASX:TLS   TELSTRA CORPORATION LIMITED.
Looks like we bout to hit bottom. This should be a good place to go long. If it breaks down more, then you can always bail at a stop loss, but this right here is a seven year low. With the recent job cuts and 5G around the corner, I fully expect a rebound.

Also every single analyst right now is telling you to sell. Thats a buy signal in itself.
Comment: Hello! :P
Comment: Thats the in your face bounce we were looking for. Wait for earning. ;) this shit is going back to $5.
Comment: I am going to scale some out of my position as we approach 2.95 - earnings call soon. I expect the call to be good.
Trade closed: target reached: Exceeded my target and then some. Closed most of the position. As always let a small position run.
Comment: This is why you let your winners run. Telstra rally on Huawei ban (they use ericson).
Do you see it continuing further from here if we crack past 2.86
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Nice call
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Have you got a count on this Electo?
Telstra sentiment is just awful. Good time to buy indeed.
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electo kitkat16
@kitkat16, ill have to keep watching the chart, but looks like it bottomed out.
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