vcm11
Long

Bullish 10p & 16.66p target - H&S - RSI strong

LSE:TLOU   TLOU ENERGY LIMITED ORD NPV (DI)
Extremely bullish here as progress is being made within the company.
Please watch latest interview with Tony Gilby at Proactive investors.
A very strong Q2 coming with newsflow!

We have an H&S pattern and are within a range at moment 5.36p-6.34p so once that breaks then momentum will come.
RSI seems stronger even at this levels which proves there is some volume buying

10p is a solid target for a good slice but ultimately 16.66p is the best one. after that long term as gas flows & revenue increases then this could become a major company with over £100m £300m mcap +
MartinFilm 2018

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