The upper line has been resistance.
Needs to break the line. But more importantly is $3.89.
$3.89 is key.
Been looking at the chart and see a potential "Cup and Handle" formed since August 2019.
The handle is a little too deep however. But still good to keep it in mind. As if it turns out, it can make TLS got to $4.40.
But again, for this pattern, $3.89 is key. Professionals usually buy on a break of $3.89.
The rise can be quite rapid if it happens.
If it is not a Cup and Handle, if TLS can't overcome the upper resistance line, there could be a long downside lurking all the way down to $3.40 and even $3.00.
This is an important time for TLS.
The upper line has been resistance. Needs to break the line. But...
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Last
$3.96 |
Change
-0.005(0.13%) |
Mkt cap ! $45.35B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $50.88M | 12.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 437288 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 408208 | 79 |
View Market Depth
| Last trade - 15.14pm 13/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |