Basically so far I have managed to break it down to the following :
$|f(x)-l|< \varepsilon$
then
$||f(x)|-|L||\leq|f(x)-L|< \varepsilon$
then squeeze
$||f(x)|-|L||< \varepsilon$
I'm not too confident with this type of proofs, so a push in the right direction would be much appreciated.
Using the limit definition: we have $\lim\limits_{x\to a}f(x)=L$ so for $\epsilon>0$ we find $\delta>0$ such that $|x-a|<\delta$ imply $|f(x)-L|<\epsilon$ but with your inequality which we can deduced it from the triangle inequality we have $||f(x)|-|L||\le|f(x)-L| <\epsilon$ hence we have $$\lim\limits_{x\to a}|f(x)|=|L|$$