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0.00% 0.3¢ tasman resources ltd

Bullish Flag

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    982 Posts.
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    01/03/16
    10:14
    Post #: 17151523
    These flags work in any time-frame so the weekly view below is valid as a shorter frame.

    The flagpole is 5c long and in the event of a breakout from the flag pattern, the target is found by adding the flagpole length to the break out point.

    So 11.5c is my target.

    (Mod, sorry I should've tagged this post as a CHART)
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    TAS Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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