Time to Long TELSTRA

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
Nice call
Have you got a count on this Electo?
Telstra sentiment is just awful. Good time to buy indeed.
electo kitkat16
@kitkat16, ill have to keep watching the chart, but looks like it bottomed out.
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