The architect, just looking at the chart.
If 4.2 is passed. If. That breaks, resistance from 27/8/2018 week and ends a 2 year side trend.
Downtrend ended sometime prior to this long term side trend.
Above this there are few resistances, becase of the general down trend into side trend.
9c is strong resistance and 7c reasonable support pre this 2 year sideways that has been sub 6c to test any higher points.
So a breakout into new trend may see tnr move to 7c, if holds 9c, then maybe roadblocked.
What is very encouraging is volume here.
When tnr entered this sideways pattern volume was low, if it exits, plus 4.2, its on volume 5x.
Early days, but we may be entering a new trend here.
If news is good, it may fuel it for some time.
Naturally we need confirmation, but I like to be on stocks that break out of long term sideways trends.
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $11.15M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $4.726K | 857.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 7319090 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2996098 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 7319090 | 0.005 |
9 | 6786262 | 0.004 |
8 | 7066986 | 0.003 |
8 | 8050101 | 0.002 |
8 | 16990151 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2996098 | 6 |
0.007 | 10414568 | 10 |
0.008 | 12446457 | 11 |
0.009 | 4400000 | 4 |
0.010 | 4675000 | 6 |
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