Been busy with focus on NAB shares recently. And made my money...

Been busy with focus on NAB shares recently. And made my money back today. Amazing stock. Like a stock should be.

TLS has been a waste of time and energy for me. But lets not give up. I will go heavy TLS soon.

In my last post, I felt that a rise was coming and talked about $3.20. And after some initial weakness following that post to $3.02, we did get $3.20.

All up, she is a dog. But there is rhyme and rhythm to this dog and it can go up.

Money flows in when other stocks cop a beating and makes it sit flat or a little up and flows out when the rest are surging. It is being used as a carpark for fund managers during these times. Sometimes it does surprise with a nice gain on some days. But it surely does test ones patience. What has happened is the Penn cast an F'n shadow over full year earning come August announcement. Because he again mentioned "material" impact. Shut the F up Penn and say nothing mate. And the market doesn't know what he is talking about because TLS should be relatively unaffected by shutdown and August is still some time away. And by the way, this whole Corona and shutdown is all bullshit. I've had Corona, it comes and then your fine afer 3 days. Only 102 deaths in Australia. Look at the deaths in car accidents and the common flu. The nation shut down with billons of dollars damage and panic. Was no need for it. Now you will see the government encourage us to go out and about and will fine us for staying home and being too careful. Wait for that soon.

Ok, if you want short term clues to direction, always look at the hourly chart. Here we see a gap b/w $3.08 and $3.09. It should go down there and fill that in the short term (now-4 weeks). The 9 EMA has crossed the 22 EMA on the hourly (good thing). And we see the pull back intraday to the 22EMA at $3.15, $3.16. That is how it works when there is some strength. The pull back will be down to the 9 or 22EMA and bought there on that weakness. Always look to see what the RSI is doing on the hourly for short term direction. If going strong, then buy after pulling back to RSI 50. But wait for RSI down to 27 is KING. You will sleep better and have more money. If you don't care about short term, then look on the daily. Those who don't care about the next 6 months, look on the weekly. But human nature (and especially with stocks as opposed to property) humans do look and care about the short term stock price. Including me.

On the daily, the 9EMA just crossed the 22EMA, good sign. Looks to be we are in infancy and coming out of the past 3 months damage. But RSI shows there could be some short term weakness where the RSI goes down to kiss the 50 level.

On the weekly, The RSI has made progress towards the 50 RSI line as I mentioned there was room for in my last post. And more up room left. But watch the bitch as it nears 50 level.

The monthly, great. A very strong and clear positive divergence of monthly RSI indicating that a long term uptrend is brewing of 3 year worth and towards $6.00 again. Purely going by this positive monthly divergence, you could forget all the current noise and sit back for 5 years and wake up to $6.00.

Standard statement at the end of every post from now on, The sooner Penn goes, the better it is for TLS.

He has been around for 5 years now. Time to go Penn. But that 5 million salary is probably too difficult for him to let go given he has gotten use to it over the years.

Slowly bring on $3.40 and back to $4.00 in the next 12 months or sooner.

Are there better and more responsive stocks out there? Yep, sure are. But Penn and this dog owes me.

All the best fellas.