TSO 0.00% 3.3¢ tesoro gold ltd

Ann: $21 million capital raising to underpin exploration, page-129

  1. 3,652 Posts.
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    That may just be the worst thing that you could do. The time to sell was when all the yahooing was going on here and the trend line was broken up at 40c.
    Going off the charts, a major second wave correction is underway, I am tipping the bottom to be low 20's based on these factors:
    1. 62% correction of the first leg up is 21c
    2. The 200 day ema is 21.5c
    3. ~20c should act as support

    A sharp spike down to this level with a quick rebound would make the chart look like a great setup running into next year.

 
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