to yogi-in-oz re: someone knows something big.! - YogiThanks for...

to yogi-in-oz re: someone knows something big.! -
Yogi

Thanks for the moral support.

I will watch out for the cellestial dates you have mentioned. From a classical TA view, THK's consolidation at 50c is no surprise as it is the launch pad to the 150s from a year ago. I did expect it to find some support here.

As to the double bottom, if THK clears 68.5c, that would confirm the DB and projected target would be 98c (the same as you have mentioned), adding to 68.5c the distance of the trading range of 20c. Interestingly that would also clear the 200 day moving average which would a longer term make or break price level. Only once THK clear that would it be out of the woods. But from 50c to 98c is still not a bad percentage gain.

Cheers