TLS 0.26% $3.85 telstra group limited

TLS going down the gurgler.

  1. 1,816 Posts.
    Ideally, $4.71 should have held for the TLS bulls.

    THe fact that this level couldn't hold the tidal wave of selling is a very significant warning to the bulls to pay close attention to the precarious position TLS technically now finds itself.

    If $4.47 were to break in the near future, it'd seem that this game is ALL OVER, and that new lows will be visited soon.

    This is what i think is most likely.

    The fundamentals clearly do not suppot a TLS share price above $4.50, and it increasingly looks like the technicals don't either...

    ... so, why are you silly bulls still hanging on??

    Is it the deadly four letter word... H.O.P.E ??
 
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Last
$3.85
Change
0.010(0.26%)
Mkt cap ! $44.48B
Open High Low Value Volume
$3.87 $3.89 $3.83 $65.77M 17.07M

Buyers (Bids)

No. Vol. Price($)
5 64426 $3.84
 

Sellers (Offers)

Price($) Vol. No.
$3.86 192676 8
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
TLS (ASX) Chart
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