TVN 2.67% 7.3¢ tivan limited

i think a few people on this thread need to take a step back/buy...

  1. 22,430 Posts.
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    i think a few people on this thread need to take a step back/buy some TA books/learn to trade short term if they are going to continually write about things that amaze/mistify them.

    For a start i know bugger all...lol

    Not trying to have a go at anyone but a little knowledge will make your bank account look a lot better

    The stock is still up 50% for the month, again 50% for the month.

    Heres how it works, insiders buy the drill core results/rumours this makes the stock break 35c at the start of the month. this makes traders buy, insiders keep buying. The stock goes up 100% for the month ( the RSI hits 87 which is unsustainable), results are released, newbies/very short term traders buy the news and the insiders and long termers take the profit. The price goes down stop losses get hit/ people start to worry, more stops get hit. morons come out of the woodwork saying its going down .

    the stock keeps falling until it finds support ( i make it 47c then 39c then 33c). At some point the buyers outweigh the sellers ( could be more news), a reversal occurs and the stock bounces, short term traders reenter.

    for the record i got some yesterday at 47c,
 
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Last
7.3¢
Change
-0.002(2.67%)
Mkt cap ! $120.1M
Open High Low Value Volume
7.5¢ 7.5¢ 7.1¢ $107.0K 1.458M

Buyers (Bids)

No. Vol. Price($)
1 86244 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 58867 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
TVN (ASX) Chart
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