Tesltra - Ride the bull

By davidred
Please see my previous chart below to get a better understanding of where I believe we are currently. At the moment I have Telstra as a strong buy due to the belief we are coming to the end of our 4th wave of it's minor cycle. With previous support holding and large interest from ETF funds shown in volume I believe we are about to push onto our fifth and final wave into our distribution zone.
Chart PatternstelstraTrend AnalysisWave Analysis

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