TMT 0.00% 26.0¢ technology metals australia limited

Chart update: Broke out above resistance on good volume but...

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    Chart update:

    Broke out above resistance on good volume but failed to hold the breakout. Too much supply came in above 33.5 and not enough demand. I highlighted earlier that someone kept adding new sell orders at 34 each time it would get wiped, so that was a bit concerning early on. Supposedly Hartleys have been selling this week too.

    I'm thinking we may re-test 29.5 next week, maybe even 25 if 29.5 can't hold.


    As always though, this is a solid stock to be holding, i'm just putting my TA skills to the test and trying to buy on lows and sell on highs as well as holding a long term parcel. Also hoping that i'm passing on some TA wisdom to other newcomers.

    Have a good weekend all

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