TLG 2.17% 56.3¢ talga group ltd

TLG Chart, page-2453

  1. 298 Posts.
    lightbulb Created with Sketch. 107
    Higher time frame looking pretty nice.
    You can see the massive run up to all time highs at the end of 2020.
    Consolidation in a range throughout 2021.
    Now grinding higher on no news, testing range highs.

    https://hotcopper.com.au/data/attachments/3976/3976364-6b7e957dd8db9283d38a1bb7dcb68250.jpg

    If closes above the range, natural target up at all time highs around $1.95.
    Could see it closing above, coming back to retest the current level then pushing onto rest ATHs.

    https://hotcopper.com.au/data/attachments/3976/3976372-3e8d24eed07f16400b618ff714e41650.jpg

    Bearish case would be a range fakeout of and rejection back below $1.65 for more consolidation and probably a retest of the $1.30-$1.40 region.

    https://hotcopper.com.au/data/attachments/3976/3976389-c9603e326c8bc2f829e9fe5e8710a8a3.jpg

    Current MC circa $485m.
    If you owned all the shares what would you sell them for?

    Best of luck all holders,
    PM
 
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