Plenty of shares traded from 4 and upward traders exiting expecting gaps to be filled below or moving on to other opportunities, you must remember 80% of Australia's investing population identify as traders holding for an average period of 1-3 weeks
This was a chance to make safe gains, fundamentally Telstra is strong and will rise but in saying that it has been in a downtrend for the past 6 months awaiting decesion the market has yet to factor in divi yield as I believe they are expecting a cut and so tls isn't as attractive as normal.
Other factors could include relative stablivlty in the broader market as whole tls is traditionally a heaven stock and so there is no real buying pressure.
My goal is to set buy targets below my current holding average 4.20 and stack em high for that compounding divi yield
- Forums
- ASX - By Stock
- Loses almost half its gains
Plenty of shares traded from 4 and upward traders exiting...
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B |
Open | High | Low | Value | Volume |
$3.95 | $3.95 | $3.90 | $69.01M | 17.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2108 | $3.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.92 | 282151 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 107404 | 3.900 |
28 | 479325 | 3.890 |
27 | 174286 | 3.880 |
12 | 68721 | 3.870 |
15 | 129136 | 3.860 |
Price($) | Vol. | No. |
---|---|---|
3.920 | 41027 | 5 |
3.930 | 84532 | 5 |
3.940 | 134479 | 8 |
3.950 | 204400 | 11 |
3.960 | 388135 | 21 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
TLS (ASX) Chart |