TLG 13.8% 49.5¢ talga group ltd

I'm not much of a chartist, but $1.14 was a strong support line...

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    I'm not much of a chartist, but $1.14 was a strong support line for the past year and a half. Now with that failing we are floating and it may be unpopular to say but I could see us going to .90c in the near term. Rate hikes in two and half weeks for Australia could see us get there.

    If you are planning on loading up at discount prices like I am, then I'd wait a little longer as there's more pain to come. It looks bleak, however I like to remind myself that this current environment we are facing is largely orchestrated by the global elite who want the world to go in a certain way. This is the green and digital transition. It may be temporarily painful, but the current horrible events will undoubtedly be highly beneficial for Talga and us in the near future.

    IMO, DYOR etc.
    Last edited by Gvan: 17/06/22
 
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