Long TLS

Long TLS.ASX

TLS

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We had a buy signal at $5.20 in June. Telstra is now in a higher high, high low technical pattern and supported by 6% div yield. Investors are positioning ahead of the upcoming 1.5billion dollars to be retuned to shareholders in the next 6 months. TLS can rally through to $6.00 before investors may wish to look at locking in gains.

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