Is $5.30 on the horizon for this beast ?

With the must hold price support as marked on the chart, can Telstra test the zone of $5.30 over the months ahead ?
Me thinks so, if we see the anticipated major upside breakout.
Keep an eye on Moving average cross-overs for an entry as well as exit. The moving average x overs is worth studying on this chart.
Watch for the fundamental upgrades forthcoming !

This analysis is NOT a FINANCIAL ADVISE.
Trend Analysis

Disclaimer