Happy Thursday After yesterday, I too, had to ignore the old Dementiaguete
TAR each time it does get a thrashed candle like this, it tends to gap up, open stronger than the previous days close and spike at least another day or 3, retesting broken supports or trendline resistance zones etc. There is a gap to fill now at 3.4c and it has history of closing these after a sell off so we shall wait and see what happens in the coming days leading towards end of year
Below, I have sketched an artistic impression of what I think MAY happen, although I could probably be quite wrong.
Last Friday I did anticipate what I still took as positive news, albeit didn't personally expect this reaction off it as stop losses did get triggered but TAR never really gave a moment to "DipBuy" the stock as it ran a week or so on NO news in anticipation of results... so off the news, gave a good chance to get a small entry again for a retrade and catch a bounce 20-30% or so for my personal trading plans here SENTIMENT FOR ME - BUY / HELD STILL (my own personal risk tolerance) to each their own
On a different topic, threads shall now be a little less quiet with bipolar commentary. I do love non bias and people highlighting flaws so that I may factor that into my thesis also but that 1 individual tested even my patience! Onwards and upwards gentleman!
TAR Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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After yesterday, I too, had to ignore
the old Dementiaguete
(20min delay)