Telstra Flops in Australia

Telstra Flops in Australia

Australia’s dominant telecommunications company Telstra Thursday warned of “enormous challenges” ahead as it posted an 8.9 percent slump in annual profit. Its net result in the year to June 30 fell to Aus$3.52 billion (US$2.54 billion), while revenue was flat at Aus$26 billion. Chief executive Andy Penn said intense competition for mobile customers and increased […]

Telstra (ASX:TLS) Continuing Down Trend

Telstra (ASX:TLS) Continuing Down Trend

Telstra (ASX:TLS) Continuing Down Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.55. The projected upper bound is: 5.49. The projected lower bound is: 5.17. […]

Telstra (ASX:TLS) Heffx Trading Outlook

Telstra (ASX:TLS) Heffx Trading Outlook

Telstra (ASX:TLS) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 5.63. The projected lower bound is: 5.35. The projected closing price is: 5.49. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

Telstra Corporation Ltd (ASX:TLS) Trading Outlook

Telstra Corporation Ltd (ASX:TLS) Trading Outlook

Telstra Corporation Ltd (ASX:TLS) Trading Outlook HEFFX Notes Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 5.63. The projected upper bound is: 5.88. The projected lower bound is: 5.58. The projected closing price is: 5.73. Bearish […]