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TELSTRA GROUP LIMITED
Updated

ASX TLS D Wait

116
Detail on the Chart
Note
Feb 4 1330 AEDT
Nice retest of the HS reversal neckline.
Solid support at $5.00.
Inside day of Feb 3 will probably not reverse.
Now long and looking for ST up move to fill the body gap at $5.20
Pattern should now channel the yellow up trend line (now upper boundary).
Expecting 5 wave up move targeting above mentioned Div target price of $5.46
Buy the pull backs and lift your stops.
... just my 2c worth ...
Trade active
Feb 9
For the Break Out traders among you, it is now underway.
Draw your uptrend line from the Jan 31 low - that's your rising stop.
Targets are mapped.
Remember this is my opinion - not a guarantee ...
... another 2c worth ...
Oh_If_Only
ASXasx200S&P/ASX 200

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ASXasx200S&P/ASX 200
Oh_If_Only

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.