Dead right wisenut. This chart is technically huge.
Don't be put off by the sell depth. It is relatively low and most way out of reach. Importantly none is prepared to sell down.
THK is ready for a bounce in volume at any time. It is unsustainably low with an average of about 300K since relisting.
Check the chart - fantastic.
It is a similar picture in other gas/ oil stocks, ie OPL, NEO - they are poised to run. The imminant bounce in oil will probably set them off.
Sentament is not going to be reversed in a hurry.
If not today, break of $1.30 tommorrow.
All the best
- Forums
- ASX - By Stock
- ticking bomb
THK
unknown
Dead right wisenut. This chart is technically huge.Don't be put...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)