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Jerm88
Sep 23, 2021 8:15 AM

TLS @ 23 SEP 2021  

TELSTRA GROUP LIMITEDASX

Description

Text me if you have any questions/comments for me.

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TLS
- Previous analysis was done on 14 Sep - Suggested half entry at 3.95 levels if believe the stock can successfully breakout of resistance at 4.00 levels
- Since then, the stock had a failed breakout and quickly retraced back to the mid-term support
- Stock is rebounding and is again testing the strong resistance at 4.00 levels again
- Successful breakout looks to be close to 4.10 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout before plotting entry
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