re: tny- green alert to 8 cents (big profit)
Good to see you smiling Kg.
TNY will hit around 4.8 to 5.5 in current status.
Market has been showing strong signs of Bullish signals.
The Australian stockmarket yesterday rose for the ninth consecutive day - its longest winning streak in a decade.
The All Ordinaries closed above 3050 signaling the start of a primary up-trend. Stochastic shows more people in the market buying up. The intermediate trend is up, the primary trend has started an up-trend, the monthly coppock indicator has turned up below zero, signaling the start of a bull market.
Market strategy for Short-term holders, increase long positions if the All Ords is above 3050, Long-term holders, go long if the All Ords is above 3050, the primary trend reversal has confirmed the bull signal from March 18.
Many of the stocks will have a significant rise over the coming months, current sentiment towards Biotech and IT. Well, these are my views anyway.
Happy Trading All
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