Looking at the chart, my view is TLS is going down to the lows of November last year to do a double bottom at/with $4.70. Along the way, it will also close the gap left on 18 November at $4.86.
It should go back and touch $5.00 again at some time in the next 2-6 months. Where a sell should be considered.
But for now, I feel it is first a gradual decline and visit back to the $4.70 area then range bound between $4.70 and $5.00.
It is going to be a slow process. Traders trade it and medium to long term holders try not to stress by looking too much.
Today will not be pretty, page-28
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Last
$3.95 |
Change
0.030(0.77%) |
Mkt cap ! $45.63B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $3.96 | $3.92 | $111.0M | 28.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 141776 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 1446719 | 40 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |