TLG 4.32% 38.8¢ talga group ltd

Still raging very hard. Good to see.At one point NVX MC was...

  1. 4,199 Posts.
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    Still raging very hard. Good to see.

    At one point NVX MC was $957milly. I'll come back to this point.

    Wonder if TLG can get there =).

    Allow me if I may make this comparison.

    With NVX you can see there was a clear a volatile 5 wave move up.

    https://hotcopper.com.au/data/attachments/2640/2640736-69f330d6e0303dd2bb4d73241a78195f.jpg

    Seeing the strength now in TLG I wonder if this is just the first of the larger waves up as there's no clear definition of a wave 2 as yet. See below.

    https://hotcopper.com.au/data/attachments/2640/2640737-592ac67e3bf796a3f4a1835ddac554e9.jpg

    So lets say TLG makes it to $2.50 which is the next fib level up then the MC will only be around $564milly, well below NVX's peak MC?

    Interesting point to ponder on with these parabolic moves?

    Here comes the roll of the dice =)).

    MK
    #GLTAH
    #DYOR

 
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