After holding for many days, unfortunately selling pressure worldwide was too intense, the significant level of $3.40 was broken. It is now going down to fill the gap to $2.98.
The markets are extremely oversold for many days now. Panic selling feeding on itself. Margin calls and people switching their super to cash. I still feel this is an over reaction to this virus. Nothing has changed to TLS's earning from when it was trading at 3.80's a few weeks ago. If anything, more data and phone is being used.
The bounce will come in world markets.
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TLS
telstra group limited
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1.03%
!
$4.81

After holding for many days, unfortunately selling pressure...
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Last
$4.81 |
Change
-0.050(1.03%) |
Mkt cap ! $54.87B |
Open | High | Low | Value | Volume |
$4.86 | $4.88 | $4.80 | $48.13M | 9.964M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
169 | 467093 | $4.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.81 | 378748 | 121 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
171 | 468016 | 4.800 |
47 | 296764 | 4.790 |
30 | 189755 | 4.780 |
22 | 356777 | 4.770 |
12 | 78037 | 4.760 |
Price($) | Vol. | No. |
---|---|---|
4.810 | 380733 | 123 |
4.820 | 241997 | 42 |
4.830 | 205187 | 29 |
4.840 | 294740 | 35 |
4.850 | 285751 | 27 |
Last trade - 13.46pm 25/06/2025 (20 minute delay) ? |
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TLS (ASX) Chart |