Jerm88

TLS @ 18 NOV 2021

ASX:TLS   TELSTRA GROUP LIMITED
Text me if you have any questions/comments for me.

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TLS
- Previous analysis was done on 23 Sep (red arrow) - Suggested waiting for a successful breakout of $4 resistance before plotting entry
- Since then, the stock retraced back to re-test the 3.70 support levels and slowly rebounded
- Today, it successfully broke out with above average volume
- Next overhead resistance looks to be around 4.50 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry if believe the stock can have a sustained breakout
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