TMT 1.45% 35.0¢ technology metals australia limited

TA charting analysis, page-3

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    Check the trend line - that is what i was referring to in the st uptrend of the last few days. The horizontal support is 33.5 no doubt but that would mean a trend breach and an excuse to pull back a touch. What you ideally want to see is a retest of 33.5 to determine strength similar to what is happening at cla then wait for momentum indicators to cool letting the st moving averages to catch up (currently at 31.5). Then reboot.
    Last edited by insaf: 12/04/17
 
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