ChartsView - Stock Trading Community

Tlou Energy - TLOU

More
8 years 7 months ago #14902 by Trendfriend
Replied by Trendfriend on topic Tlou Energy - TLOU
tlou daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...F3tqTvwn9QeLqSpyY%3D

Nice breakout here today.
It closed friday bang on the trendline, and broke up above on the open.

looks good for 11.5p and quite possibly 13.5p here imvho....lets see ;) :whistle:

atb, wdik, dyor,
trendfriend

Please Log in or Create an account to join the conversation.

More
8 years 7 months ago #14897 by Trendfriend
Replied by Trendfriend on topic Tlou Energy - TLOU
Tlou Energy. Daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...q0NCVamKodRgN+IgA4c=

Just a quick look here, as it looks to me at a technical turning point, and i like the look of the setup here.

Had a pull back early year highs, nice basing took place at 6p, strong support at that level.
What we seeing now is a nice rally, and a move above the 20, 50 and 200 day ema lines, now this needs to break above 8p resistance and 8.5p for triangle breakout.

If It can manage to that, and close above 8.5p on eod closing basis, this should go on to to 11.5p and then quite likely to 13.5p retest of the year highs looks possible as a best case....

in terms of a absolute stop level, below 6p imho.

I'm holding these already, bought more on the dip, and may well add on the break of 8.5p if it happens...

This is being ramped very strongly on the fundamentals on the LSE bb recently, usually those views (not that i read them all!) can be very one sided.
When i see that i go on the assumption that everything is ok on the fundamental side atm here, and focus on the technical's for trading it...

Be lucky folks, as always dyor, wdik, atb,
trendfriend
The following user(s) said Thank You: annes goal

Please Log in or Create an account to join the conversation.

More
8 years 11 months ago #14576 by Trendfriend
I like the look of this purely from a technical basis.... so i bought some.

Relatively new company been listed a year or so.

broke out of a downtrend, held 8p pivot nicely and retested it...pushing on....a break of 10p could 14p possibly quite quickly....let see...long form 9p here...

atb, wdik, dyor,
trendfriend :)


The following user(s) said Thank You: remo

Please Log in or Create an account to join the conversation.

Moderators: remo
Time to create page: 0.079 seconds
Powered by Kunena Forum