Looking good.
It has left a gap this morning between $2.98-$3.00. That gap will be filled at some stage. But this jump up is on high volume, so likely to be filled a little later on. I mentioned $3.15 as a target recently, so I think we should get at least $3.15 on this rise.
Has cleared the upper resistance line and also the 200 DMA in the one hit.
We may get a pullback back down to the line at some stage, where the line will now act as support and that is also when it might fill that gap.
I haven't looked at the news and don't know why the strong rise this morning, but it is all consistent with the current chart pattern and was going to do this.
TLS chart, page-409
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Last
$3.96 |
Change
0.000(0.00%) |
Mkt cap ! $45.75B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $116.3M | 29.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 830574 | 28 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |