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raskolnikov

1,020 Posts.

10/06/16

09:44

Post #: 18003163
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Originally posted by raskolnikov ↑

hi everyone wassup
apologies haven't posted in here for a long time, been way busy. but have been reading, you guys are great.
not usually one to start threads but can't be bothered to dig up that chart thread and maybe it's worth separating?

so no definite breakout signals or anything, and we're coming up to a resistance area
the rise over the past week looks to me like buyers wanting to get set before road shows next week, but they're buying at the end of the down cycle so the supply has dried up and they can't get much without pushing the price up...

been scratching my head trying to work out what the chart is doing... just found this long term trend line this morning, maybe we just got overbought for a while and needed a breather

appreciate any input

View attachment 193227

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ummm edit so my point is i think we've got a rounding bottom coming of here where we rejected 024 a few times, which also bounced off a long term trend line

cheers

TSN Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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chart, page-2

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