TAP 0.00% 7.8¢ tap oil limited

TAP has been down trending for sometime however the recent price...

  1. 831 Posts.
    TAP has been down trending for sometime however the recent price action shows that we are looking at a possible trend reversal

    Reason I suggest this is possible is the most recent line in the sand drawn form the last wave upward peaked at around this price area 55-56c.

    We are now looking at that line in the sand and testing a possible trend reversal pivotal point.

    Looking to the left and right there is a suggested inverted Head n Shoulder pattern all about us also.

    Market depth shows the Bull has more want than the fearful Bear.

    Interesting observation wouldn't you say ?

    Troll
 
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