TPP 0.00% 8.8¢ tempo australia ltd

Double bottom Cup and Handle, page-45

  1. 1,434 Posts.
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    Well there is always the other side to consider.. a large holder selling.. But if the seller has been holding for a year then they are up +100% so you can hardly blame them.

    IMHO the 25% retrace over the last 3 months is a healthy thing when you consider the 200% increase the 9 month prior. TPP has held up very well probably due to some canny accumulation.

    A large cross can signal the end of trend (either way). There has been an active off screen seller in TPP for a few months.. Maybe they're done!

    The lack of news flow is a little unnerving... hopefully this just means they are focussing on the business rather than hype.
 
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