Tlou Energy - TLOU

tlou - weekly
uk.advfn.com/p.php?pid=chartscreenshotsh...W8K7HdkUc0cWS2Ti/7E=

This one got smashed on some bad news....fortunately (and as banking profitson aim is a must)i sold a third of position at 17p near the top of the channel, and then another third when i had a more general clear out, on the ftse drop....so i got tad lucky here....

anyway the chart, i think should be able to hold the 200 day ema line on the weekly...at 7.68....as long as that level holds, i think this can bounce back again...but it will take time...

The bad news atm is only a delay to the project, by the Botswana government....so lets see...

As things stand i added some back at 9p again....as this may well be a buying opp....but my stop is 7p.

atb, wdik, dyor,
trendfriend

Tlou daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...DJRWV02wDGzV4C10yRk=

This is doing well, and almost at its initial target of 18p.

Tlou - Weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...Nq6daGqMSScCEGSbE%3D

The weekly here shows a break above 18p opens up 25p, and then 30p area as a best case.....

lets see....looks good for now

atb, wdik, dyor,
trendfriend

tlou - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...erN3darTm8r00L5ZaqE=

last chart today here....

this is nicely on its way.......and looks massively bullish imvho...

the initial target here is now around 18p.....so if we see that i will close half, and let half ride because i see another potential target at around 30p area....

Any dips down to 12p are buying opportunities.....especially considering how all the (20, 50 and 200 day) ema lines are pointing up....something only seen in extreme bullish set ups....

looks like its currently in bull flag......

above 12p > 18p, above 18p targets 30p

atb, wdik, dyor,
trendfriend

A few quick charts, as two of the stocks i'm holding on a longer term basis, area showing some good technical's today.

This stock has a false breakout or bull traps a few times....so this time a long term chart may be the best way to look at this stock....

tlou - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...ynXUX5air7NSn1OfPWs=

pretty clear breakout, and this chart goes back to basically when the company started trading.

daily close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...Lz8Pwr8AzVBSDxZDNmY=

Not only has the broken out of the key level, it has gapped up above this level, and closed above 10p was key here, because 10p is a pivot level resistance level.
also note the 20, 50 and 200 day ema lines are all turning up, and a nice rsi breakout.

finally a chart showing the potential target for Tlou.
uk.advfn.com/p.php?pid=chartscreenshotsh...hanpCJs+MOj+8zqfzZw=

This trend channel gives a possible 17p target price.....ideally a hold above 10p would be good.
The 10p level is key here imvho....
Although a retest of 9p, being the triangle breakout level is possible.

So as long we have no close on eod basis back below 9p, look for 17p imvho...

atbg, wdik, dyor,
trendfriend

Tlou - Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...1iIUi6gYPHQZyVdBA%3D

I like this, nice triangle here, which should i hope break to the upside....9.25p the key number, and a break above should be the momentum trigger to take the stock to a new price range.

This is a stock i'm holding for the long term, but also trade it a lot as well, so just buy dips, and sell rallies....I will add if it break above 9.25p.....

i have called breakouts incorrectly here a few times....so the rally has fizzled out, and the stock has dropped back, but this triangle should be the real deal.. Lets see.

atb, wdik, dyor,
trendfriend

This is one i'm holding a fair amount for the longer term, as well trading it to the max...

added more for a long scalp (for now) at 9p today.

looks like a bull trap flase break out last time here, a move which failed.
So redrawing the trendlines gives 10p the level to beat for a substantial rally.

tlou - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...8amXQKN+rD4oMWwWz5c=

atb, wdik, dyor,
trendfriend.