Large H&S since May 2022 formed with the coal mining company. It broke down in January and since then has been sliding on a gradual downtrend. Other indicators confirmed downside to come including: 200 >21> 7 - Bearish (Red) RSI <50 Red The target still remains to be R88.70 and it looks like coal is still in very murky water.
Large H&S sine May 2022 It broke down and has been on a trajectory path downside. Indicators are still bearish 200 >21> 7 - Bearish (Red) RSI <50 Red Target R88.70 SMC: We know the overall trend is down. There has been a BOS (Break of Structure) twice. And now with the big candle there is a testing zone to see if there is buying or demand. Once we get a break...
This is an update to a chart I posted last September Trading View updated the scale for ON RR so I'm reposting the idea so we can watch the rise/fall in playback. Wall Street banks are now drinking the market liquidity cool-aid. I wonder which one will be the first to implode this time. 2006-08 was a time of idiots without Money 2020-22 will be the time of...
Keeping a close eye on this one. Looks to be putting in a nice tight flag pattern Will definitely be buying on a strong breakout with high volume
TransGlobe Energy Corporation Announces an Agreement to Merge, Extend and Modernize Its Eastern Desert Concessions Micro-cap TransGlobe Energy (TGA +45.1%) has reached an agreement with Egyptian General Petroleum to merge TransGlobe’s three existing Eastern Desert concessions into a new modernized concession agreement. The merged concession will have a new...
TGA has broken the downward correction with a strong impulse and now it seems going for a second wave up. I'm expecting a test on the 2,50$ level.