Traded as high as $3.625, touching the 50 day MA, then ended the day closing at what it opened at, $3.58.
This produced a doji candle with a long upper tail, called a gravestone doji. A bearish candle/action.
To answer your question Bert, we would be in Wave 5 if the price comfortably passes the 50 day MA and when the 50 day MA then starts to act as support.
We are not there yet. At the moment, we only have the 22 EMA on our side and so far holding up. But I'm still positive at this stage. I think we will get range bound trading for a few days between $3.55-$3.62 before we overcome the 50 day and move higher.
TLS chart, page-657
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Last
$3.83 |
Change
-0.020(0.52%) |
Mkt cap ! $44.25B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.88 | $3.81 | $96.28M | 25.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1630 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.84 | 141391 | 4 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |