Annanaum, sorry read more into your post than was warranted. Well I haven't given much, posting wise, here since the pattern break out, was very happy chart wise with it's high and retrace, 1 cent still no gold star LOL. It is consolidating very nicely at this level and deserves a well earned rest. I think the drill will only see pressure build and am not expecting any real charge in sp here. Perhaps a small rally but most importantly will stop an unwarranted retrace. The next real big leg IMO will be results of the drill but most important will be the grant of the rest of the tennament from the Gov. I expect to see some good accumulation phases as we head north. To show you how strong this is it has not even retraced to the 38.2 level, this Fibonacci number has been smashed on almost all retraces within that bar, if that makes sense. It has found support ,for the time being, at it's previous Gann 100% ATH level,which interesting also is that it close was on the 25% retracement,this is also a Gann number. As I've stated before Gann Theories are relatively strong in TRH's chart. This allows a more defined approach, hence enabling me to call the $1.17 from pattern breakout. That does not mean it's run is over or that' as high as it may go in that move,it simply helps to build the story. As I stated previously charting is not an exact science and only directs towards probabilities, the more the story continues the more the info I have, the more precise the chart will be. TRH is 4.5 yrs old so it is a bit harder to analyse compared to something 10+ yrs old. I am more than confident here, hence why I don't post all the time any more, can't be bothered with down rampers chasing attention. The chart will come once the bottom is in, or i see too many getting unsettled. All the best everyone and as I have said before this is not the high or the top, IMO and DYOR.
TRH Price at posting:
$1.01 Sentiment: None Disclosure: Held
