TIH 0.00% 0.0¢ tillegrah limited

Looking Forward, page-22

  1. 4,261 Posts.
    lightbulb Created with Sketch. 1186
    From a TA perspective the Schiff Fork indicates that the down trend has failed to break out (up) of it's channel with one attempt which was on the back of  the Battery tech announcement and the ramping that ensued. (Little red circle). As you can see over the weeks much of the time has been spent bellow the center of the channel indicating poor sentiment and money exiting the stock.

    upload_2016-7-13_12-4-5.png

    If we have a look at the inverse chart of LWP we can see a clear continuation pattern (Pennant) (LWP/1).
    upload_2016-7-13_12-20-55.png


    A very dicey position looking forward IMO


    DYOR IMO
 
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