An updated chart for the investors showing the full 6-year share...

An updated chart for the investors showing the full 6-year share price history of TLX and using weekly data plotted on a log scale. This setup identifies a well-defined price-trend channel that demonstrates average growth compounding at an annual rate of +89%.

Since bottoming at the base of that trend channel in mid-October the SP continued to grow at that rate over the following ten weeks along the channel’s lower boundary. This implies a lower-limit price of $19 for TLX in 12 months’ time, based on its current price.



The three medium-term momentum indicators each show movement upward from well oversold positions. The MACD histogram, in particular, is near a crossover point into the positive similar to those that historically have preceded a period of strong upward movement in price.

There are a number of potential fundamental drivers (clinical trial results, regulatory approvals… anticipated for 2024 that can be expected to sustain this historical level of price growth throughout the new year.

So, current indications are a Happy New Year to all.

IMO