2 new resistance points remain 54.5c and 55.5c at the moment.
A break through 55.5c see's TIS headed for a sudden run towards 58.0c and traders wont have time to wipe away the sweat beads with the nearest towel.
63.5c is the 52 week high and with a Trading Halt its likely to be smashed away to a distant memory.
The last 5 days have shown a moving average of 53.4c and the 1st negative in the price change since 200 day period.
IMO this was only due to the shenanigans of Europe this week otherwise I would have expected our base to be set at 57.5c and having nudged 60.0c atleast once.
I interpret the Bollinger Bands on TIS as saying HOLD on, Tissians your in for some excitement.
Lookout for the open and volume on Monday a volume of 265,000 + highlights a strong week ahead.
I always recommend you conduct your own research and determine what trading strategy best suits your investment style..
As a long term holder I am patiently waiting for VitroGro to erupt with sales
TIS Price at posting:
54.0¢ Sentiment: ST Buy Disclosure: Held
