TRY 0.00% 3.0¢ troy resources limited

Technical Analysis, page-164

  1. 10,127 Posts.
    lightbulb Created with Sketch. 4379
    Ring the alarms
    TA breakout in process, 11.0c bids now, volume increasing. 10.5c cleared easy
    INSTO software will be blaring signal buy on this one too.

    12.5c has seen resistance the last 2 years,
    this time GP is not 1200 but 1900 & the UG is spectacular high grade with no capex needed.

    If the 12.5c can break then 17.5c is next resistance being the 4 year rebound high and then its blue sky like PRU SLR SBM NCM
    Many goldies have a PER of 14 - 28.8 so 1.8 for TRY with this massive UG building in size is very cheap imho.

    TRY is one of the most undervalued gold producers on the ASX imho.
    Last edited by tomboy: 08/10/20
 
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Currently unlisted public company.

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