I'd say though that if you have a longer term outlook maybe just watch for a while...but just my opinion. Not very often does a stock have such a dramatic fall and then emerge out of a V shape bottom to a new bull run. There is usually too much negativity. Traders will take advantage of any upticks and nervous holders may see any uptick as a last chance to escape. Usually there will be a time of consolidation that may last for weeks. Look at the VOC chart. It rose nearly 20% off the first bottom and is now back forming (perhaps) a second higher bottom. I would suggest that TPM will do something similar in the weeks ahead. But the caveat is if the right news comes in then all bets are off.
- Forums
- ASX - By Stock
- TPM
- chart
chart, page-7
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TPM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online