TTT 4.17% 11.5¢ titomic limited

Still in that uptrend, but I don't have a good feeling about...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,192 Posts.
    lightbulb Created with Sketch. 981
    Still in that uptrend, but I don't have a good feeling about this $2.60 zone (it's now the third attempt to break it). Not even sure what's it's significance in term of TA (stuck in between two key price points). The thing with uptrend channels is that someone else can often draw/imagine a simultaneously developing downtrend channel. Hence all the contradicting technical arguments that we see in trading forums.

    IMO SP is still undecided on where to go from here, and definitely needs some news. Hope it continues to climb, but always good to be cautious about simultaneously developing downtrend channels which could be in its first few candles (and all that is of course for short term trading). So triple T better get some news out soon.
    Last edited by ProfessorBen: 01/05/19
 
watchlist Created with Sketch. Add TTT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.