After a great 3 weeks for share price performance. Telstra looks set to consolidate above the 3.30 support before moving higher. I had an initial target of 3.50 back when i first posted for telstra, but now with telstra's goals and putting forward a smart watch to compete with apple.. my opinion on the share price has now swung higher because i see that they finally want to innovate and compete and obtain market share in different tech sectors. Target now at the $4 mark, but it will be after they buy back all the franchises and put forward their objectives for the next 3-5 years.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.