When it did the $4.00 bottom and bounced in April leaving a gap at $4.14, I knew within 3 months TLS would do a revisit to $4.00 area to fill that gap and to do a potential double bottom. Double bottoms are of about 3 months duration from previous bottom. We are perfectly in time, April 18-19, July 19 and gap at $4.14 also filled. Double bottom can be within 3% of previous low. Means,0.97x4=3.88 and 1.03x4=4.12.
RSI is oversold and in buy zone now. But I'd wait to see what the price does when nearing $4.00. Will always be huge fear near a buying opportunity. Kind of like now. The other good indicator I have found is that posts on HotCopper will increase. Like now. I say go heavy and put the house on it soon. My opinion only.
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Last
$3.96 |
Change
0.010(0.25%) |
Mkt cap ! $45.75B |
Open | High | Low | Value | Volume |
$3.99 | $3.99 | $3.92 | $146.9M | 37.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 19675 | $3.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.96 | 238747 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10009 | 3.950 |
5 | 63937 | 3.940 |
4 | 52914 | 3.930 |
11 | 141729 | 3.920 |
12 | 358852 | 3.910 |
Price($) | Vol. | No. |
---|---|---|
3.970 | 93570 | 8 |
3.980 | 59013 | 8 |
3.990 | 410705 | 61 |
4.000 | 1469548 | 273 |
4.010 | 201294 | 23 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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TLS (ASX) Chart |