How about a chart...
I haven't added any new trend lines since last time. Dashed lines are really old, solid lines are relatively recent. No lines have been deleted. You can see that some of these trend lines are well and truly out of date, but the three thin horizontal dashed red lines are holding up quite well. These are fib extensions from the previous trend- the run from 2020 to 2022. The fib extensions from the last big rise in 2023 give me lines at $16,17 and 18 so we'll see how that goes.
My gut reaction is that things have to tighten up for a few weeks before there's a breakout.... if there's a breakout. However a simpler chart of closing price says that the short-to-medium term trend is still upwards.
How about a chart... I haven't added any new trend lines since...
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 (20min delay)
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Last
$15.05 |
Change
-0.190(1.25%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $15.25 | $15.46 | $15.01 | $19.15M | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3385 | $15.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.16 | 8704 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$15.02 |
Change
-0.190 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| $15.33 | $15.46 | $15.02 | 192620 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| TLX (ASX) Chart |