–
Potential Buy Entry Alert to Watch TLS
Time Frame : Daily/Weekly
Sector : Telecommunications Services
Key Stats : $45.79 Billion Market Cap, VWAP 3.83, ASX Ranking 10, 4 Week Av Turnover $68,625,383, Current Turnover Intraday $12,575,888 (12:08am AEDT), PE 21.3, Div Yield 4.16%.
Company Overview : Telstra Corporation Limited (TLS) is a provider of telecommunications and information products and services through its Australian and offshore operations. TLS has a range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international.
Broker Consensus : BUY
–
TLS – Telstra Corporation Limited
TLS long term buyers seem happy to defend the 3.50 zone as price holds higher levels. We expect that price still has some work to do to prove itself but are now watching for another higher low to hold so we can watch for the buy entry setup on a daily timeframe potentially around 3.70.
–
Stock Code : TLS – Telstra Corporation Limited
Company Website : www.telstra.com.au
Current Price : 3.825
Status : On watch for potential higher low and push up through 4.20
–
