TLG 1.41% 70.0¢ talga group ltd

Still here catalyst4and20A couple of chart comments below.Point...

  1. 1,284 Posts.
    lightbulb Created with Sketch. 868
    Still here catalyst4and20

    A couple of chart comments below.

    Point and figure chart tells us support is being retested...will know more in the coming days.

    https://hotcopper.com.au/data/attachments/3723/3723786-4c9f50c79bd54877c73499812177bec0.jpg

    Weekly candlestick chart strong...candles trending up and out of the formation.

    https://hotcopper.com.au/data/attachments/3723/3723795-f37af30db2dc9ab0849c35d5c92d013b.jpg

    I'm not into Elliott Waves but if I was I'd say the second leg (first was up this one down) of a five leg movement completed a couple of months ago and we're now in the early stages of a third leg (up) so maybe anywhere from 1.5 x to 5 x.

    Since I'm not I'll stick to my flagpole approach and say the target is still around $2.75 or thereabouts before we see more consolidation.

    Given potential news maybe more than that but perhaps that's just me being hopeful.

 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
70.0¢
Change
-0.010(1.41%)
Mkt cap ! $265.8M
Open High Low Value Volume
71.0¢ 72.0¢ 69.5¢ $189.6K 269.1K

Buyers (Bids)

No. Vol. Price($)
1 19999 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.5¢ 1000 1
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
70.0¢
  Change
-0.010 ( 0.71 %)
Open High Low Volume
70.0¢ 72.0¢ 69.5¢ 61109
Last updated 15.55pm 30/04/2024 ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.