Sorry everyone, first attempt needed to be re sized, For those interested, The same chart posted a few weeks ago, I have changed the price target as we are now further lower down the angle. Looking at this chart it is hard to believe TRH was trading over the last two weeks. Where most stocks fell through their support levels, TRH held strongly to it's support level,( blue line at 60cnts). Last two new bars to the chart closing and opening nicely inside the formation, and the last bar is seen as very bullish.I have hand written a few extra points as you will note. I will be highly surprised if this doesn't break and above the formation this week. For those interested this is exactly why the top analysts of Australia only refer to weekly charts,it cuts out a lot of noise, many would have been whipped in and out of the market this week,please remember my last few posts and you will see why I am very happy ATM. This is all only my opinion, and DYOR. Thanks to all posters and looking forward to this week, still a rocky market so keep to your rules and all the best.
TRH Price at posting:
64.5¢ Sentiment: ST Buy Disclosure: Held
