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 ??
TLS going down the gurgler.
Add TLS (ASX) to my watchlist
 (20min delay)
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Last
$3.43 |
Change
-0.010(0.29%) |
Mkt cap ! $40.79B | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.49 | $3.31 | $258.8M | 75.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 115940 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.44 | 485618 | 8 |
View Market Depth
| Last trade - 16.10pm 28/02/2020 (20 minute delay) ? |
 (live)
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Last
$3.47 |
Change
-0.010 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| $3.36 | $3.49 | $3.32 | 18461993 | ||
| Last updated 15.59pm 28/02/2020 (live) ? | |||||
| TLS (ASX) Chart |