TON 18.2% 0.9¢ triton minerals ltd

$1.20 tomorrow, page-25

  1. 1,909 Posts.
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    Some observations - If you have access to a daily chart draw 2 horizontal lines at 31 and 40 cents. The initial breakout on June 5th couldn't break 40 cents and hold so the price bounced around this zone until the breakout on July 1st - Then the hot money poured in an we had the typical take off and subsequent reversal back to the 40 cents level breaking 40 cents through on August 8th.

    TON is now back in the same zone between 31 and 40 cents with 40 cents as resistance and you can see that it hit support at 31 cents on August 8th and bounced from 40 cents resistance over 4 of the last 5 days.

    Nobody on this forum has a the slightest clue where it is going from here despite all of the wild predictions. The only information available right now is that the stock is trading in a zone between 31 and 40 cents. A break below 31 cents might happen or not and a break above 40 cents likewise. It might form a consolidation pattern from here as the hot money moves on, that is about the only assumption I could make.
 
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Last trade - 15.57pm 12/07/2024 (20 minute delay) ?
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