Weekly: Bullish: Price action remains above MAs and trend line. Losing momentum. Volume is falling. Daily: bullish overall, honoring support level, bearish candle and declining volume H3: bullish honoring support, bullish volume Summary - Bullish - worth holding at this point. Not worth taking new position
Weekly: Potentially bullish. Might have found support at 0.00003236. Volume falling. Price action moving down from upside of short channel. Daily: neutral - declining volume. Somewhat indecisive price action. H3: Holding a horizontal channel. Not exciting. Volume decreasing. Summary: Still bullish but if price doesn't close above 3.88 soon it might be time to move on.
Yes, I see the trend on many ASX stocks. The are overbought and due for correction to confirm the uptrend. I am selling now to buy bacl later.
Weekly: Potentially bullish. Might have found support at 0.00003236. Volume OK but not increasing, Daily: neutral -strong resistance holding at 3.88, if this holds for much longer it could be bearish. H3: Established a horizontal channel. Not exciting. Volume increasing but nothing amazing. Summary: Still bullish but if price doesn't close above 3.88 soon it...
To me, Telstra or TLS is looking AMAZING. What a beautiful steady trend. For this reason I have purchased at the money calls expiring Dec to try and take advantage of this move.
walking up the 8 day. This is a serious rerate. Hello NBN! #5G
$TLS - TELSTRA - Looking to break 52 week high. Telstra has been showing good signs of recovery and testing some pretty consistent resistance and hopefully soon to become support areas. Has some good additional volume coming through and it will be interesting to see what the eventual roll out of the 5G Network will do to Telstras growth revenue opportunities....
$3.35 appears to have been of interest. Cash flowing into big Momma. #5GN
Ive been keen on TLS for a while, but frankly its a bit of a tardy old widowmaker stock. My thesis is around the 5G growth potential for a while ($5GN is the leader imo) TLS has the potential to help build sentiment in the sector. Time will tell. Stocks sitting nicely above the 200 day and a Monthly close above $3.40 and things get very interesting.
Intertesting stage for Telstra at the moment... would ideally like to see the volume pick up here. Watching very closly around this current $3.27 area.
We'll wait for confirmation on the weekly close. Looks perky.
$TLS.AX solid breakout target 3.20 minimum
Didn't get the pullback at 2.80. Looks like we'll see the uptrend continue once this pennant breaks out Bullish. My thoughts are buy anytime during this pennant and ride the breakout.
Disclaimer: My first idea, still a newbie. I think I can see $TLS sitting on what will become a solid support before the next breakout. Estimated buy price $2.80 to hold until a minimum of $3.10, personally if it plays out nicely I will set new stops to around $2.90 and hope to ride until resistance is h