TGR 0.00% $5.22 tassal group limited

TGR Chart, page-104

  1. 6,633 Posts.
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    I think we will be trading in a wedge pattern upto the full year results (or another price sensitive announcement).
    The recent low on the 19th saw increased volume, which suggest legit buying support around $3.50, and i expect we will see a ceiling around $4.00, some who missed out on the previous top will be be tempted to sell around there.
    Its a pretty big range right now, about 10%, it may be the ceiling price drops as well, i dont see the SP breaking $4 absent a positive price sensitive announcement.
    These patterns a pretty basic to follow, just support and resistance, nothing fancy, it should be obvious if it doesnt hold.

    https://hotcopper.com.au/data/attachments/3221/3221346-967be5832a6a90aa349e4e86c1b90604.jpg
    Last edited by bug1: 28/05/21
 
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