I'm accumulating at these levels.as per previous post, the gap @...

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sentient17

309 Posts.

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01/11/23

10:08

Post #: 70659906
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Originally posted by sentient17: ↑

TA:

~mid-April: TLX rerates, 2 gaps remain in chart @ ~ $8.90 and $7.90
~June 10th: the low on the pullback was bang on the .382 fib retrace from that big run up and broke the longer term MA, RSI went into oversold
price rebounded to ~$12.50, gaps remain in chart @ ~$11.65 & $10.65
during the last couple of weeks: price retreats and fills upper gap, RSI touches oversold 3 times, each with a lower low on the chart, share price breaks longer term MA and filled the gap @ $10.65
wouldnt surprise me to see the gap at least at ~$8.90 come into play at some point if no news, but i also feel like this is starting to get a little more coiled

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Originally posted by sentient17: ↑

TA:

~mid-April: TLX rerates, 2 gaps remain in chart @ ~ $8.90 and $7.90
~June 10th: the low on the pullback was bang on the .382 fib retrace from that big run up and broke the longer term MA, RSI went into oversold
price rebounded to ~$12.50, gaps remain in chart @ ~$11.65 & $10.65
during the last couple of weeks: price retreats and fills upper gap, RSI touches oversold 3 times, each with a lower low on the chart, share price breaks longer term MA and filled the gap @ $10.65
wouldnt surprise me to see the gap at least at ~$8.90 come into play at some point if no news, but i also feel like this is starting to get a little more coiled

Expand

I'm accumulating at these levels.

as per previous post, the gap @ ~$8.90 has been filled, corresponding with some consolidation right on the .618 FIB.
TLX Price at posting: $8.84 Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

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