TGR 0.00% $5.22 tassal group limited

Why would you short Tassals *now*?, page-793

  1. 6,633 Posts.
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    I think a 5% gain on Monday should be a reasonable expectation, when a stock goes up more than that in a day it tends to get a bit harder, it brings in more sellers, money will start betting on an over-reaction (whatever the reason) at that point.

    To do more than i expect we will need to look to gains over a few days, and whether Mr Market is sophisticated enough to revalue it long term, or treat it as short term trading opportunity.

    If it does trigger a run we could get to the $3.80-$4.00 range pretty quickly (in the next week), but that will be hard to breach, that's what stopped the last run.

    Last edited by bug1: 06/08/21
 
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