TNG
AVL Entry PointAVL has had a nice run up in price and has recently pulled back about 40% before finding support on the 50% FIB level..
Bullish Indicators:
Double Bottom on 50% Fib
Higher Low on 50% Fib
RSI creating higher low on 4 hour chart (showing strength)
Monthly RSI cooled off.
Volume has dropped off significantly. (usually see this before a big pump)
I noticed this exact set up on another chart KRC screenshot below
Entry .036 - .037
Target .065
Stoploss .034
Stoploss
TNG Pointy END 2018TNG has had a rally on some recent good news regarding its Tivan process. Currently its sitting at 16 cent,
I am looking for an entry into TNG for long term at the 14.5 cent level. I see an increasing price on decreasing volume which may indicate that its going to pull back and form another higher low before tightening up and popping out of this current range. This will confirm the Bull run for 2018 and I personally will be happy to hold as there is plently of fundamental news on the horizon for this year.
What do you think ? leave comments below always happy to have other people outlook of analysis be it objecting or not :)
TNG Time to shine in 2018? TNG has been in a multi year tightening range that is about to break. Taking into account their project at Mount Peake which they just received mining licensing for and the increased demand for Vanadium globally this player has the potential to give major gain's. Historicity TNG has traded at over a dollar and currently sits at the .14 cent range.
Bullish Indicators:
Monthly BULL MACD about to CROSS. Daily is converging.
Volume picking up (upper wicks on Bear volume indicates profit taking but Bull volume coming in lately)
Tightening range (Previous Tightening range broke Bullish)
