Stock Analysis TLS

TLS – Telstra Corporation Limited

TLS has been a buyers worst nightmare but a sellers paradise (as successfully alerted to on 27/10/16 and 21/6/17) as price just keeps heading lower. It was once a dividend buyers favorite but now buyers are giving up and closing loosing positions. Price could easily continue lower and has given more than enough signs for buyers to head for the exit. It is not time to load up but watch from the sidelines and let others do the heavy lifting to support the stock.

Stock Code : TLS – Telstra Corporation Limited

Company Website : www.telstra.com.au

Current Price : 2.76

Status : On watch for further selling