The longer time interval (more total volume) you use to plot the chart, the more accurate would be.
Since you were using 3 mins interval (not enough volume to tell the story), I don't think I would use this as a buying signal.
Don't get me wrong. I personally like the business. However, from the TA point of view, it is still bearish.
Weekly chart forms a double-top pattern and short term trend is still a downtrend.
A safer entry point would be around $3 when it breaks the current double-top pattern.
Or $1.8 (FIB 0.23) if you are a very conservative trader.
Good luck and DYOR.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
87.0¢ |
Change
-0.005(0.57%) |
Mkt cap ! $459.6M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.3¢ | 83.5¢ | $3.507M | 4.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21744 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 176583 | 1 |
View Market Depth
| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| TYR (ASX) Chart |