TYX 0.00% 0.4¢ tyranna resources limited

market depth, page-22

  1. 752 Posts.
    lightbulb Created with Sketch. 18
    Two down days in a row on the broader ASX, while IFE has gone gang busters! Cheering all the way. Don't just blame DT's though as some who bought at anywhere below current SP would be tempted to sell at a profit and watch and wait. After all, for all we know there could be a war with Iran that sends the share market 15pct lower in the next month - all before finacing is announced. I am very new to this market but in my short time I have never seen a share rocket up and not retrace at some point soon after as people reach their limit of risk and take profit. This is not a criticism of IFE, in whom I still hold shares and would dearly like to buy more, just an observation that a retrace down does not mean that you are not on to a good thing.
 
watchlist Created with Sketch. Add TYX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.