TMT technology metals australia limited

TMT Chart, page-1875

  1. 48,140 Posts.
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    I use the 8weighted moving average and 34wma but it doesn't really matter which two you use as long as you use the same ones consistently.The Weekly chart of TMT 0.295 is interesting because it shows a rangebound company drifting lower beneath the 34wma and below 45 cents since May 2022 and even now it is just running sideways along the demand level instead of showing any real vertical lift to drive it above the 34wma. It might pay to email the company secretary and find out if they have any plans to improve the performance which has over the past few years been tepid at best.
    https://hotcopper.com.au/data/attachments/5573/5573036-2362c836992bbda6d027ea87bbfc2311.jpg
 
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