Technical Analysis, page-161

First 161 Last

Share
Profile

Follow
strawb1a

794 Posts.

197

10/08/20

19:47

Post #: 46435378
Share

Originally posted by Goldking93: ↑

Hi Everyone

Hope everyone is well and safe.

Ive been watching TRY.asx for a few years now and i can finally say ive dipped my toes in.
Technical looking very very good, on both gold and on Troy.

1) Analysis from AussieBulls
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 29/07/2020, 12 days ago, when the stock price was 0.0910. Since then TRY.AX has risen by +42.86%.
https://www.aussiebulls.com/SignalPage.aspx?lang=en&Ticker=TRY.AX

2) MarketScreener
Troy SP has breached the 20, 50 and 100 day Moving Averages
https://www.marketscreener.com/TROY-RESOURCES-LIMITED-6492302/charts/

3) Troy has published some very very attractive exploration findings and i think there is more goodies to come.

4) Now that the blackout period is done for the management team, i wouldnt be surprised to see them picking up parcels within the next few days, further fueling the SP.

5) If we get management buying up shares, good exploration results and a few good quarters, this will be a multi bagger. We just need the stars to align. TRY starting to resemble SBM.asx back in the days.

GLTAH
DYOR

Expand

That will be amazing if management do any buying.
I have had Troy for yonks and I can't recall them ever buying.
There has been quite a bit of director selling.

TRY Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings