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Thungela - TGA
3 years 1 month ago #17953
by Shotry
Replied by Shotry on topic Thungela - TGA
I'm trying this at the moment. Thanks for the heads up
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3 years 1 month ago - 3 years 1 month ago #17945
by Trendfriend
Thungela - TGA was created by Trendfriend
Thungela - daily chart
uk.advfn.com/p.php?pid=chartscreenshotsh...Du+q+VskLXzXS04dAoQ=
Could be H&S top formation completed here...watch the 1060p area...allow some wiggle room...so say 1000p
A weekly close below that level should be confirmation of the h&s top and the price action could well see a stronger sell off after a fab long term rally here..
That 1060p is a strong pivot and some indicators are showing signs of a turnaround...
For confirmation look for a rally and break above the falling overhead resistance trendline.
hope that helps...will take a look at barclays at the weekend..
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...Du+q+VskLXzXS04dAoQ=
Could be H&S top formation completed here...watch the 1060p area...allow some wiggle room...so say 1000p
A weekly close below that level should be confirmation of the h&s top and the price action could well see a stronger sell off after a fab long term rally here..
That 1060p is a strong pivot and some indicators are showing signs of a turnaround...
For confirmation look for a rally and break above the falling overhead resistance trendline.
hope that helps...will take a look at barclays at the weekend..
atb, wdik, dyor,
trendfriend
Last edit: 3 years 1 month ago by Trendfriend.
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