re: tls ... frankie The problem with chartists making price predictions is that punters then turn around and wonder why the stock doesn't meet it the next day.
A well known Chinese proverb states that "Even the longest journey is made of many steps."
In this context the point I would make is that not every step in a share price longterm movement is directly from A to B.
As ever the market will act to transfer wealth from the impatient to the patient. You don't need to own a stock you follow to be patient when it is clearly in an ongoing downtrend.
Bounces in a falling trend are like train stations - there to let the tired and dispirited get off and a new bunch to get on.
tls, page-11
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Last
$3.85 |
Change
0.010(0.26%) |
Mkt cap ! $44.48B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.89 | $3.83 | $65.77M | 17.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 64426 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 192676 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |