I don't believe that TEY is a stock to be traded on technical analysis. It is one of those stocks for an investor that believes the fundamentals are sound and the aims of the company can be fulfilled in the future.
The future of TEY will be influenced by government policy which appears favourable at this place in time.
I hold TEY as a spec stock along with a lot of other specs. I do not expect all of them to prosper but I hold them because I believe they have a much better than average chance of ending up very profitable.
With TEY it is better to watch for company announcements and forget charts. DYOR. I am not always right.
TEY Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
