TLG 2.13% 46.0¢ talga group ltd

TLG Chart, page-1402

  1. 1,445 Posts.
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    Ok so looking forwards trying to work out what the pattern might be going forwards, my suspicions are that we're going to form a cup and handle over the coming 3 months. assuming no new massive news obviously.

    The wedge has kind of played out and we seem to be forming a pretty resilient base at around 130ish here. Expecting to see this stay flat for a while on the low volumes we've had lately. Maybe creep up along the trend line or could just stay flat if there's no volume to help it along. Will start pushing back up as we get closer to and eventually release new DFS date. Slight pullback again as people sell out after we get back to our previous $2ish highs, then heading on strongly with DFS, exapnded scope, and partners on board in Q3. How high we go depends on update for expansion, but I'm hoping for $3.10 by end of Q3. Double that by end of Q4 if we have a supply agreement signed.

    This is speculation obviously not analysis. But do it enough and eventually hopefully I'll get it right once or twice

    https://hotcopper.com.au/data/attachments/3057/3057314-ea973a39a06a108dc90435ce18b91144.jpg

 
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