Effstats

TGA a littler lower before going up

Long
JSE:TGA   THUNGELA RESOURCES LTD
TGA has had a brutal drop from its all time and people want to know where the bottom is.

I have the following to say
  • The trend is still going down, so expect a temporary relief before going further down.
  • I Expect it bottom out at the March 2022 low,
  • Now why do i have this as a long, I'm going to start dollar cost averaging into the stock, once its starts hitting my bottom targets I will start loading more
  • Money is leaving the asset, but could start to see a turnaround. The turn around will take some time.

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