3D printing is looking very strong and especially in the metal space. New leadership looks to be bedding in well. Technically we've seen a break of long term downtrend with strong volume to support a new uptrend. Some key horizontal levels as targets around 0.745 & 0.90. keeping a close eye on RSI over 70. Alert set for an ideal entry around 0.640 if there is a...
$TTT over the last week has had a bit of good news signing an agreement with french aerospace company Thales for creating equipment for Australian ADF soilders and The recent creation of an Australian Space Agency.
Factors 1. Price has experienced a LT downtrend (Starting May 19) 2. Price slowly building a base with recent price action respecting that lower and upper trendline. 3. EMA is converging 4. There is an overhead gap at $1.45 which I would be looking to target. Possible Reasons For Failure 1. No bullish price action/candlestick pattern to initiate trade 2....
Watch for incoming volume to confirm the breakout. TTT is a leading name in an innovative sector so large upside if breakout confirms. $3+ TP MACD cross and RSI trending higher.
ASX:TTT Just sharing my views on TTT .AX which has formed an Inv H&S ( bullish ) pattern on Daily and has started to put on Higher Highs / Higher Lows ( bullish ). Current entry seems to be conservative with a reasonably good risk/reward. Any other thoughts?
ASX:TTT Just sharing my views on TTT.AX which has formed an Inv H&S (bullish) pattern on Daily and has started to put on Higher Highs / Higher Lows (bullish). Current entry seems to be conservative with a reasonably good risk/reward. Any other thoughts?
TTT bounced off 200ma and will test that supply trend line of 2.15.
No news since January, decreasing volume over the last month and tightening swings. But over the last few days increasing volume, big % daily increases and TTT has broken above it's trend line. ...at least that's the way this amateur is reading it. Let's see what happens!