STTCOMP TYK, TA Long Tychean Resources Ltd SP: .7c MC: ~$2.3m...

  1. zym
    1,257 Posts.
    STTCOMP TYK, TA Long

    Tychean Resources Ltd
    SP: .7c
    MC: ~$2.3m
    Shares: ~335m

    Highlights:
    - Imminent potential transactions
    - Just recently raised at .7c through SPP
    - Chairman analogized the company to a composed duck on the surface that actually has been 'paddling furiously' behind the screen?

    TA-wise
    - Accumulation zone has been long enough, trading box is likely to shift upwards
    - Expect breakout to happen soon which shall coincide with imminent news (I'll say in Feb and that's me being conservative)
    - Limited downside atm considering its support level and low MC
    - Breakout is currently at .9c


    Untitled.png

    Good Luck
    Last edited by zym: 10/01/17
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.