weekly hammer doji forming - bullish divergence - double bottomEverything can be seen on the chart
very bullish for me at moment and it's down to patience & let market run it's course.
next results in November I believe which will show the profit/revenue they will make.
cash at about £9m & mcap at £10.7m - barely pricing any of their contracts.
TLY trade ideas
Realistic unbiased long term view - I hold TLY from 24.90p - I bought into TLY at 24.90p based on volume and some good short term indication like Bullish divergence but I'm realistic and have set risk management on this one due to the weekly view. short term we could well have a nice run at least to the 20ma on weekly view and possibly above it for a period of time but previous support line bugs me.
Hopefully we won't see that support area and TLY will do well. But if we do that price will be a bargain and I will doubledown.
With Miton out of the way based on last 2x RNS's we should have a nice run at least short term.