TLS telstra corporation limited

panic selling, page-12

  1. 774 Posts.
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    Yes, signs of life today. The forces are turning. Also marrying with a possible bounce in the XJO.

    Completed a 19% drop since its 9 January high of $3.79. So it is about right. Every time it falls by around 20%, it bounces by up to 12%.

    Very oversold condition. A bounce coming to at least between $3.21-$3.26. But need a close above $3.13 first today.

    After $3.20's, it can do $3.40's. If not, then back down to $3.00.

    Opened the month of April at $3.12.

    I think it will close the month higher.

    At some point, TLS will go to trade in the band between $3.83-$3.99. With certainty.

    Those who think $2.60, can wait to buy there and are welcome to draw their own chart and illustrations.

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