Just an update on the chart I'm tracking for this stock for anyone interested.
High probability it will now head to the red box where it will encounter some resistance unless some positive announcement comes through but it's likely we'll muddle around there or slightly lower.
IF we break through the top blue line then the odds of hitting $4.70 - $5.20 would have increase markedly.
Next hurdle is taking out the recent high at $3.89 in the next week or two.
Risk to above is US markets have run very hot since Q4 last yr and is due for a pullback at around 3450'ish on S&P. If we get a market wide sell off would need to reassess.
TLS Price at posting:
$3.84 Sentiment: Buy Disclosure: Held
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