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.
Weekly candlestick chart strong...candles trending up and out of the formation.
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.
TLG Chart, page-1868
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Last
58.5¢ |
Change
0.010(1.74%) |
Mkt cap ! $222.1M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.5¢ | 56.5¢ | $245.7K | 424.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 3900 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
58.0¢ |
Change
0.010 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| 57.5¢ | 59.3¢ | 57.0¢ | 119480 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| TLG (ASX) Chart |