Stockplayer spot on,and TU's, I couldn't even be bothered replying. Back to TRH, thought I would give a simple but sobering outlook. Last week we opened at 66 and closed at 61.5,thanks to our accumulator. This week we opened at 62 and closed at 61,this bar/candle is called an inverted hammer, and if we where in a downtrend, which we ARE NOT, this would be viewed as good to bullish in the short term. Yes price did start to run with good volume,and would have loved to seen it keep going, but I do take comfort that the 60cent support line that I posted in my chart is holding strong.This is the third time we have broken the pattern and closed back inside the formation. IMO all is still intact chart wise and although I can not predict the future, I feel confident that TRH is still the one for me. You see I closed out 7 other positions over the 3 weeks and moved it all into TRH. This is my largest holding for along time. Yes the market went down yesterday, better to happen at 4000 points than 6000+. I say watch for the bounce and take solace that on our weekly chart we only dropped 1 cent, a lot of people bought in this week. Good luck all and hope your portfolio's pick up again rapidly.
TRH Price at posting:
61.0¢ Sentiment: None Disclosure: Held
