Note 10000 share package purchases one after the other. It was proposed that a change of trend was likely to occur based on TA. Looks like it has arrived.
TRH.AX has closed above bottom band by 21.5%. Bollinger Bands are 49% narrower than normal. The narrow width of the bands suggests low volatility as compared to TRH.AX's normal range. The bands have been in this narrow range for 16 bars. This is a sign that the market may be about to initiate a new trend.
GL to all
TRH Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
