Australia's largest stock trading and investment forum Australia's #1 stock forum

TRY

Click for more information

0.00%

3.0¢ troy resources limited

my favourite part about the low volume is that I know I’ve been...

First 120 Last

Share
Profile

Follow
Metz

999 Posts.

358

08/06/20

14:29

Post #: 45094430
Share

Originally posted by AgHead: ↑

I agree with the low on 17 March 2020.

Here is the 3 hourly chart I have been watching since then.

Things to note.
1) An established channel of price action.
2) Impulsive (steep gradient) price action to the upside. Around 60 degree angles to the upside and around 30 degree angles in the corrections. I believe this supports the upward trend.
3) The vertical time lines at Apr 3, May 5 & June 4 are when the black (high frequency) stochastic crosses the red (lower frequency) WHEN the stochastic had been below 20. Note that previously this was the start of an impulse.
4) Bullish candle near the 61.8% retracement on June 4.

All the best to holders.

Expand

my favourite part about the low volume is that I know I’ve been almost buying directly offf some of the twats that are on this thread.

TRY Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 91 more messages in this thread...

First 120 Last

Add TRY (ASX) to my watchlist