Fundementally the company is sound, I doubt anyone reasonable would argue against this that's why im holding, TSO will be stellar in the medium - long term but short term trend reversal is unlikely until we see a trough. Remember guys a peak only occurs when there are no more bears to convert to bulls and conversely a trough only happens when all the bulls are slaughtered and become bears. Consensus is the death of a trend.
If instos are happy waiting until all the bulls turn to bears, we should be to. The only people benefiting from the current situation are traders, these leechers that are selling at open with volume against us bulls and slowly buying again in the late afternoon after starting the downtrend with sell orders in the morning. These are the people walking away with a tidy 4% profit against your money, we've seen this today, on days where xau/usd is strong and on most announcement days recently.
Just accept the paper loss and let TSO hit technical supports, what we need is a consolidation so we can have a strong base to launch into 2021.
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.49M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $37.98K | 1.349M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 680000 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 189841 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 680000 | 0.027 |
1 | 23076 | 0.026 |
3 | 800000 | 0.025 |
1 | 300000 | 0.024 |
1 | 858545 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 189841 | 2 |
0.031 | 250000 | 1 |
0.032 | 925762 | 1 |
0.033 | 123000 | 2 |
0.034 | 65000 | 1 |
Last trade - 15.23pm 06/11/2024 (20 minute delay) ? |
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TSO (ASX) Chart |