TYM levelsTYM looks to me to be tradable but no advice given
Candles show even of resistance/support
long
TYM
2.10p 1st target - 4.50p 2nd Target - LONG - CCI RSI turn greenCCI turning green on Daily & weekly
RSI ascending channel
Golden cross 2-3 days ago
Holding above trend line
Holding above 50ma & 20ma
Down trend line broken
2.10p 1st target
4.50p 2nd target (on news)
Last update stated that the company remained hopeful of a positive resolution to the Mine Permit re-assessment process in the NEAR FUTURE! This update was released a month ago, tomorrow. News could land anytime. Near future to me means within weeks, not months.
TYM Investment case:
Possehl MoU (Cremer subsidiary)
Funding advanced stage acquisition
Part funding existing assets
100% owned $3B+ assets
Storuman permit due
Metallurgical testwork at MB
Lassedalen
Own 5% #SRES
Broker TP 9p & 12p
Mcap £4.8M
BULLISH DIVERGENCE - ACCUMULATION of shares - Volume - #AR Bullish divergence on weekly RSI
Volume coming back to TEK
Undervalued mcap based on their assets.
Read last RNS's for a cleared view.
Augmented Reality Lucyd is one of the most interesting projects.
RSI on the turn for bounce from 20ma & 50maLast swing on CCI was higher then previous one.
Golden cross hit
Looking for next attempt at the resistance level of 1.54p for a break.
CLOSE ABOVE 1.54p - target 2.10p short termBreak above RSI ascending channel.
Looking bullish at moment after retrace.
Above 8ema - close above 1.54p - target - 2.15p short termNext few sessions will dictate the move to 1.54p.
Bear in mind the 200ma and aware of a dip to it before bounce, if this week the selling volume deeply decreases then we should go above 1.54p
After 2.15p where also the weekly chart 200ma is we might have a pullback before next leg up.
$TYM - ASCENDING RSI CHANNEL - BULLISH - MACD RISE - Loving the chart setup in Tertiary Minerals.
200ma creeping in, bottom held at 1.17p where fibs lie.
Strong fundamentals.
Bull signal move once we close above the 50ma (orange line)
RSI looks set to break channel.
1.86p 1st target
4.76p 2nd target
TYM Tertiary Minerals - At good support - Bullish 1-3 weeks200ma getting closer to price which I believe it will bring momentum.
Strong support at this price with a double bottom and at 23.6% fibs from highs.
RSI level is rising and selling has dried up.
Many times I have been trying to get a quote with no success so it means MM's are struggling for shares.
Ready for a bullish move within the next 1-3 weeks
Bounce from 200ma and break of 50ma will signal a break for me to reach again ATH.
TYM - BULLISH - STAY LONG - #TYM Tertiary MineralsSince we hit 1.18p sells have dried out and bulls are taking bigger positions then the bears as viable on the chart.
Looking to break that line 1.60-1.66p for a good bull run after. will update in due course.
200ma is getting closer on the daily chart and it might align with the price in due time.
#TYM
Tertiary Minerals - Pending News
Possehl agreement sign off/Offtake Agreement + financing
Potential project discussions in advanced stage
MB USA scoping study
Storuman Sweden 25 Year mine permit
Lassedalen land purchase
MCAP £5m .. $3 billion reserves
share-spot.co.uk
