Long
Wedge formation
Updated
Long term resistance from mid last year, to be challenged by support that emerged with a Hammer following results.
Increases in shorters coincides with the resistance line, it began mid last year and in recent months TGR has been the most shorted stock on the ASX, in recent weeks shorts have began unwinding.
Increases in shorters coincides with the resistance line, it began mid last year and in recent months TGR has been the most shorted stock on the ASX, in recent weeks shorts have began unwinding.
Note
NTA pre-earnings was close to the bottom of the hammer at $3.18 ($3.27 now)Note
Has broken out and upwards, to 3m high
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