TKM had a huge move on the 3 Nov on the release of the below High grade Assays. Looking for it to trade back into that range marked out on the chart which it currently is. The range low here is key. I'm looking for a reaction off the range low, OR a break below range and a Deviation and reclaim of the range low would be bullish and my trigger point to enter...
As you can see by my chart, every time the price has hit the top of the linear regression, and 0.04 on the MACD, the price has reversed back down again with the CCI, DeMarker and Stoch RSI gradually falling back into their respective channels. Without consideration of any further shocks to the market, I think that political instability, the conflict in the south...
Opportunity for a long on TRK. Placed an aggressive entry and conservative entry. Fibs line up as well.