I`m looking at it in a few different ways short term but in the bigger picture seeing this..Prices always rerate to a highest level and then retrace and consolidate to find a fair value level, then start from there again either up or down to the next new range and value level..I think we`ve seen this 1st rerate and consolidation cycle here now..which was the rise from 009c -5.5c and then consolidating to fair value at 4.1c..since then and over the new year we had a light breakout and a back test of the consolidated level of 4.1c...now were in the start of a new cycle now and waiting on the next impetus for a rerate imo..
TMG Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
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