AntMwah
Long

TLOU - tripple bottom

LSE:TLOU   TLOU ENERGY LIMITED ORD NPV (DI)
41 views
1
Looks like there is a very clear 6p bottom on this chart repeatedly tested.
The RSI appears to be gaining some upward momentum suggesting to me it's going to have another go at breaking out of the consolidation zone in the blue box.

All the resistance is in this box - initially the 20DMA at 6.5p which I'd consider a bullish break if passed, right up to the 200DMA at the top of the blue box wherea break would bring the historical highs potentially back into play.

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