what a fkn draww down. Hope yo didnt get bustted on that one. NBut she's a nice time to buy. BOttom is ere, I'm thinking. Need to BO to confirm though.
Big bullflag, running down now. Getset to jetset. Biug bullflag with multipele gradietns. RSI30 up there on the W./Hasn't tapped. But on the D it is. WIll it tap teh W FInal capitulation ?? ? WHo knows! Prob not. :Little tap [py tap to 6.6 possible though
TMZ has lifted off its long term base around 10c recently with good volume on the back of rising PM prices. Today at 15c marks a new push towards testing highs around 19c. Should silver and gold continue to increase (likely), this may even test 52w highs from several months ago.
TMZ has broken long term support 11c to hit 10c which is a 2-3m low. Sitting on the 200d ma now, and will test support levels around 9.5-10c. Good long-term stock, but sellers may be losing patience in having money locked up for several months. Looking to buy under 9c.
1D. ADX still in a very strong trend (57.8) however, there is growing strength with the bearish directional movement. Wave trend still showing the stock to be at overbought levels. RSI showing bearishness, with a downward release just occurring. MACD seemingly wanting to convert into a negative state. The Chaikin is still negative but neither drastically...
I have been studying TMZ for two days, but I haven't had any hint or clue to be bullish on it! IF they can close it above 0.070 until 1st Nov it will be a strong indication that eventually they discover some golds and it goes to 0.100! Considering the fact that by that time having gold at upper price as well!
$TMZ.ASX looks like at this level. Thomson Resources Ltd (TMZ) is an Australia based exploration company focussed on the discovery and development of mineral deposits within NSW and in particular the unexplored Thomson Fold Belt. The current focus of the company is on Bygoo Tin Project.
TMZ breakout gives initial target of .06