Haven't touched TTT since my exit in 2.70's, but I'm going to keep a closer eye now it's back to just above levels I was happy to buy last time and I like the potentIal. Trend however is still down without reversal confirmation and now any low will be a lower low than the one on 16 July and then 21 Aug before both saw retracement of 40-60cents. One reason that I'm more nervous to invest this time than last is that there will be a lot of possIble overhang to clear on the way up from trapped buyers before any potentIal new high is reached compared to last time - what do others thInk of that factor? Those who bought In the 2.20-2.50 range, where It sat for a while, and didnt exercise stop loss now need close to a 50% increase in share price to break even, let alone male a return. I can see quite a bit of resistance If it finds some of those levels and so new news flow and catalysts I think are critical and I feel they need to be of a more tangible nature this time round. I like the story and think they have a very good chance of getting there, but I won't buy until I see reversal and probably not till it's cleared $1.66 (if support is found soon), unless I like the news flow or volume with positive price action. Given volatility I suspect I would scale into a position and use a trailing stop loss (probably ATR based) if I do see a setup and enter - feels like it needs tight money management and careful position sizing this one.
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Haven't touched TTT since my exit in 2.70's, but I'm going to...
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Last
20.5¢ |
Change
-0.015(6.82%) |
Mkt cap ! $128.9M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 20.0¢ | $185.7K | 909.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 314653 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 135309 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 23788 | 2.110 |
2 | 9753 | 2.100 |
2 | 8480 | 2.050 |
1 | 995 | 2.040 |
2 | 5500 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
2.130 | 13851 | 1 |
2.140 | 10000 | 1 |
2.150 | 15400 | 4 |
2.160 | 10941 | 3 |
2.170 | 200 | 1 |
Last trade - 12.27pm 04/12/2024 (20 minute delay) ? |
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