It's a high probability pattern that the stock will come back and test the downtrend line after a breakout. That overhead gap at around $8 should pull it up quickly now as the chart is finally starting to look good again, along with the rest of the biotech sector. I expect many fundamental catalysts to help this move in the coming months.
See below
In TLX for the long hold anyway, so it's all about the fundamentals for me (which are stronger than ever).
News: TLX Telix Pharmaceuticals Says Doug Cubbin Will Step Down As Group CFO, page-3
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Last
$20.44 |
Change
-0.320(1.54%) |
Mkt cap ! $6.840B | |||
| Open | High | Low | Value | Volume |
| $20.79 | $21.00 | $20.22 | $19.41M | 945.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $20.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.46 | 45 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TLX (ASX) Chart |