Obviously not to ecstatic about the performance of TRH today. Today's activity worried me more than many of the other down days. Showed a little weakness with no avo support even when market clawed back nearly 1%.
Tommorrow will be interesting to see if the general market sentiment will help TRH. Some have said with the low number of shares on issue we will see volatilty lets hope that works to the upside as well on green days.
ST tommorrow will be key for me. If we are seeing an uptrend pattern and wave 2 of elliott it should be starting to head higher and break previous highs. LT there is the chance it could pay off big time.
I guess the worry is having such a sharp spike always throws a bit of uncertainty into it, with gradual decreases to previous levels unless it gets a kick in the bottom which may be happening soon with announcements around the corner. They can't come quick enough imo.
Good luck holders.
TRH Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held
