TTT chart is not bearish from an investors point of view.
Look at a weekly chart.
It’s stronger now than the run up in Nov 2017 and Jan 2018. In both runs the market retraced to 50% fin level.
This time is only retraced back to the 38.20 level which makes sense given the extra news it’s had. We are now sitting above the 23.60 level.
The weekly is still making higher highs and higher lows. So it’s hardly bearish from an investment point of view.
TTT chart thread, page-593
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Last
19.5¢ |
Change
-0.015(7.14%) |
Mkt cap ! $229.1M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 18.5¢ | $915.0K | 4.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 207120 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 64500 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| TTT (ASX) Chart |