13 December 2021
Telstra (TLS:ASX)
Technical charting analysis: TLS shares have been trending nicely since our last report breaking past $4.00 per share, although the $4.00 mark looks to be a key trading level
and initial support is building here. If TLS shares were to sell off further, we see the next level of support at $3.80, which should limit downside risk. Given solid updates we
believe over the medium-term Telstra has room to run higher.
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