TIH 0.00% 0.0¢ tillegrah limited

Downtrend Breakout Alert

  1. 9,522 Posts.
    lightbulb Created with Sketch. 3
    LWP has so far today touched 0.7 on Chix, 2mil volume.  There are some cheeky capper sells at 7 and the rest of the spread looks good.  The touch of 7 today spells a breach of the downward trendline.  The stupid spike can be omitted, because it was stupid.  There are distinct similarities between the LWP chart and the SMN chart when it broke out in the 30's, also similar to the PEH chart when that broke through 10c.
    The key yo this break out is volume, at the moment it's not there, but it's only a matter of time until the volume arrives.  Should coincide nicely with results being released.
    Cheers to @ryan1986 for the heads up.

    Untitled.png
 
watchlist Created with Sketch. Add TIH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.