TELSTRA GROUP LIMITED
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TLS long

От lbo1984
Reviewing the top weighting of each sector from the A200

Communication services - Telstra

$2.60 support has held, we've hit the descending triangle resistance but to me it is looking to pop sometime over the next month. With substantial upside to $3.8 with possible continuation.

I'd be interested to see if market share is declining given they aren't price competitive for gen pop. May have also taken a hit from corporate downsizing.
Technical Indicators

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