Weekly chart of TLS with smart money showing it’s buying power during the course of the week. CLEARANCE of hte 40 period weekly SMA and violation of a DOWN TRENDLINE all in one. Double blow to the bear in the same week. A Re accumulation is about to be completed with this beast.
It ( TLS) is about to challenge the price resistance @ the zone of $5.70 – $5.80 sooner than we may think.
A decisive close, which holds above $5.80 would be the new BULL RUN for TLS.
An all time high may not be that far off for this true blue Aussie Telco.
TLS weekly chart below showing the DOUBLE WHAMMY BY the close yesterday.
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