The recent 8c (-3.0%) drop was a fake sell off day. A perfect day to buy more. Closing at the low of the day at $2.77.
Only to spring back strongly. A very good sign.
This should now go to $2.93 at least on this run.
It still may have a date with $2.60 area, but all up, my feeling is that TLS will outperform the market in 2019 and be trading higher than now by years end. It at the infancy stages of what WOW and BHP were at their bottoms.
Why I think that? It is not to do with fundamentals, it is TLS has just been too oversold past >3 years and needs to correct this oversold condition back to above $3.00 levels. It has an oversold condition "built" into it. And this is what will allow it to do well and show resilience this year.
It is a gift in the +3 years making.
The recent 8c (-3.0%) drop was a fake sell off day. A perfect...
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Last
$3.89 |
Change
0.020(0.52%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.90 | $3.87 | $44.47M | 11.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 147175 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 209963 | 12 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |