Short Term Trading Week Starting: 9 Jan, page-128

  1. 3,651 Posts.
    lightbulb Created with Sketch. 69
    STTCOMP TKF, TA Long

    (ASX: TKF – TIKFORCE LTD)
    SP: 5.3c
    MC: $11.19Million
    Shares:117.77Million
    Website: www.tikforce.com


    Since listing on the ASX this year, the broader market has been slow to take notice of TKF and from April (ASX debut) to early October, sellers were offloading. However starting October/early Nov it appears to me that Accumulators have been busy.
    On the back of a tight register and perhaps newer sticky fingers if buyers keep coming for the stock around current price levels, ie today was a strong day, then a challenge to take out overhead resistance in the mid to late 5'cs is possible


    TKF daily 9.1.2016.PNG

    Please DYOR as this is not a buy or sell recommendation
    Cheers
    GF
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.