TON 11.1% 1.0¢ triton minerals ltd

20s tomorrow, page-8

  1. 2,599 Posts.
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    Hi jimmy,

    of course it may be possible for TON to see high 20's tomorrow, ...especially as it seems trading based on charts appears to become a self-fulfilling prophesy:  Buy at price X and if it goes down sell and this helps create panic.

    Of course I'm unsettled by the speed of the descent today, but it doesn't seem to add up on a great ASX day and day after more solid fundamental news and market leader SYR was also green.

    I'm hoping for a sustained reversal and I hope you don't get to buy in the 20's ...(even Kates said it was oversold -but beware), but something apart from fundamentals seem to be at play.

    I would really like to see a trading halt with some fantastic news ...but all holders would I guess.

    SYR (from May) predict fantastic demand increase up to 2020, and pricing to also climb substantially and it's hard to see how this could be satisfied by immediate mine ramp up..

    upload_2014-8-12_21-13-22.png
    SJB

    I would love to see TA analysis and predictions on a separate forum.
 
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