TOU 8.57% 3.2¢ tlou energy limited

TOU - invested, charts.

  1. 672 Posts.
    I'm in. Just a quick one as opposed to my usual essays...

    Context: Trend is down since inception, gapped down earlier this year and since then, price has chopped around and record volumes have kicked in. CLEAR INTEREST. Majority of volume traded is above 6.5c.

    Patterns: Inverted Head & Shoulders (bullish), Cup & Handle forming (bullish), price action is a bit choppy, so I hope you can see them within the drawn trend lines...

    Depth: Hello 1M @ 6, just in today. Bids outnumbers offers 5 to 1. Take out this 1M bid, still outnumbers 3 to 1.

    TOUw.JPG
    TOUd.JPG

    Any thoughts or comments of any nature, feel free!

    GLTA!
 
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