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 ??
Ideally, $4.71 should have held for the TLS bulls.THe fact that...
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Last
$3.86 |
Change
0.000(0.00%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.83 | $43.58M | 11.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 137474 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 404025 | 16 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |